GBP/EUR Bullish Momentum: 0.85% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.85% for the last 5 sessions. At 05:06 EST on Monday, 1 April, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 3.79% up from its 52-week low and 0.654% 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 oversold (<=20).

News about

  • According to FXStreet on Monday, 1 April, "This is closely followed by the 150.00 psychological mark, which, if broken decisively, might turn the USD/JPY pair vulnerable to accelerate the corrective decline further towards the 149.35-149.30 region en route to the 149.00 mark.", "This might further contribute to keeping a lid on any meaningful appreciating move for the USD/JPY pair. "

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