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GBP/EUR Bullish Momentum: 0.9% Up In The Last 5 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.9% for the last 5 sessions. At 13:08 EST on Tuesday, 28 November, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 3.538% up from its 52-week low and 2.047% down from its 52-week high.

Volatility

GBP/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.20%, 0.01%, and 0.20%, respectively.

GBP/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.20% (last month), and 0.20% (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

  • Usd/jpy loses traction above 148.00, US data eyed. According to FXStreet on Tuesday, 28 November, "The USD/JPY pair trades in negative territory for the third consecutive day during the early Asian session on Tuesday. ", "Traders will take cues from these figures and find a trading opportunity around the USD/JPY pair."
  • According to FXStreet on Tuesday, 28 November, "The USD/JPY pair might then accelerate the fall towards the 146.00 mark en route to the next relevant support near the 145.50 zone.", "A sustained strength beyond could lift the USD/JPY pair beyond the 150.00 psychological mark, towards the 150.35 resistance zone. "
  • Usd/jpy forecast: find buyers underneath – 27 November 2023. According to DailyForex on Monday, 27 November, "Leveraging the Persistent Strength of the USD/JPY PairA breakthrough above the ¥152 level would set the stage for the next target at the ¥155 level.", "Any general strength of the US dollar against other currencies could further benefit the USD/JPY pair. "
  • Analysis of the US dollar against the Japanese yen usd/jpy :the chance of returning to its record levels – 27 November 2023. According to DailyForex on Monday, 27 November, "As a result, it seems that the USD/JPY pair is moving near overbought levels of the 14-hour Relative Strength Index. ", "In the long term and according to the performance on the daily chart, it appears that the US Dollar against the Japanese Yen USD/JPY is being traded within a descending channel. "

More news about GBP/EUR (GBPEUR).

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