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GBP/EUR Bullish Momentum: 0.773% Up In The Last 24 Hours

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.7726% for the last session’s close. At 15:07 EST on Tuesday, 25 July, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR (GBPEUR) Range

About GBP/EUR’s daily highs and lows, it’s 0.794% up from its trailing 24 hours low of $1.16 and 0.742% up from its trailing 24 hours high of $1.16.

GBP/EUR’s yearly highs and lows, it’s 7.963% up from its 52-week low and 2.627% down from its 52-week high.

News about

  • Usd/jpy pulls back from two-week high, trades with modest losses below mid-141.00s. According to FXStreet on Monday, 24 July, "Moreover, doubts that the Fed will commit to a more dovish policy stance assist the buck to preserve its recovery gains from the lowest level since April 2022 touched last week and should lend support to the USD/JPY pair.", "Apart from this, the broader risk sentiment might also contribute to producing short-term opportunities around the USD/JPY pair."
  • Usd/jpy technical analysis: central bank policies determine the fate – 24 July 2023. According to DailyForex on Monday, 24 July, "In the long run, and according to the performance on the daily chart, it appears that the USD/JPY is about to return to forming an ascending channel after the recent bounce. ", "Last week’s trading was generally bullish for the performance of the USD/JPY currency pair, with bullish retracement gains that reached the 141.95 resistance level, and Friday’s trading session was the most prominent in the upward retracement path. "
  • Usd/jpy price analysis: subdued around 141.00 amidst technical indicators turning bearish. According to FXStreet on Monday, 24 July, "On the flip side, and the USD/JPY path of least resistance if prices stay below 142.00, the first support would be the Kijun-Sen at 141.15. ", "Hence, during the last couple of days, price action has tried to shift the USD/JPY pair bearish, with three technical indicators paving the way for further downside. "
  • Usd/jpy consolidates above the 141.40 area, investors await the US CB consumer confidence. According to FXStreet on Tuesday, 25 July, "The USD/JPY pair oscillates in a narrow range between 141.20 and 141.60 heading into the European session on Tuesday. ", "Traders will take cues from the data and find opportunities around the USD/JPY pair."
  • Usd/jpy holds steady around mid-141.00s, traders seem non-committed ahead of key event risks. According to FXStreet on Tuesday, 25 July, "This remains supportive of a generally positive tone around the equity markets, which is seen undermining the safe-haven Japanese Yen (JPY) and acting as a tailwind for the USD/JPY pair.", "This holds back traders from placing aggressive directional bets around the USD/JPY pair."

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