GBP/EUR Bearish Momentum: 0.92% Down In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.92% for the last 10 sessions. At 18:10 EST on Thursday, 28 December, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 3.341% up from its 52-week low and 2.234% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/EUR’s Forex is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 26 December, "At the time of writing, the USD/JPY pair is trading around 142.32, down 0.08% on the day."
  • According to FXStreet on Wednesday, 27 December, "The USD/JPY pair showed no immediate reaction to these comments and was last seen trading modestly higher on the day at around 142.60."
  • Usd/jpy analysis: bets increase on nearing boj policy shift – 27 December 2023. According to DailyForex on Wednesday, 27 December, "It is natural that movements remain very quiet for the performance of the USD/JPY amid the holiday season, which affects liquidity and risk sentiment for investors. ", "Finally, USD/JPY currency pair may remain in narrow ranges until all markets return to normal operation next week."
  • Usd/jpy analysis: dollar still under pressure – 26 December 2023. According to DailyForex on Tuesday, 26 December, "Overall, USD/JPY risk reversals, which are contracts that show demand for call options to buy the yen compared to put options to sell it, also indicate that traders are hedging to strengthen the Japanese currency. ", "As a result, the USD/JPY tumbled towards the support level of 140.95, the lowest for the pair in five months. "

More news about GBP/EUR (GBPEUR).

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