GBP/EUR Bearish Momentum With A 1% Drop In The Last 21 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.66% for the last 21 sessions. At 11:12 EST on Monday, 20 November, GBP/EUR (GBPEUR) is $1.14.

GBP/EUR’s yearly highs and lows, it’s 2.613% up from its 52-week low and 2.922% 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

  • Usd/jpy slides back closer to monthly low amid the emergence of fresh USD selling. According to FXStreet on Monday, 20 November, "In fact, the yield on the benchmark 10-year US government bond fell to a two-month low of 4.379% on Friday, which is holding back the USD bulls from placing aggressive bets and capping the upside for the USD/JPY pair. ", "The USD/JPY pair meets with a fresh supply following an Asian session uptick to the 150.00 psychological mark and drifts into negative territory for the third successive day on Monday. "

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