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 01:09 EST on Monday, 29 April, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 3.287% up from its 52-week low and 0.688% down from its 52-week high.


GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.12%, a negative 0.01%, and a positive 0.16%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.15% (last month), and 0.16% (last quarter), respectively.

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, 29 April, "The Japanese Yen (JPY) remains under heavy selling pressure on the first day of a new week, pushing the USD/JPY pair above the 160.00 psychological mark for the first time since October 1986. ", "This suggests that the wide gap in rates between Japan and the United States will remain for some time, which, along with a positive risk tone, should cap the upside for the safe-haven JPY and lend support to the USD/JPY pair. "

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