(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.91% for the last 10 sessions. At 05:06 EST on Thursday, 22 August, GBP/EUR (GBPEUR) is $1.18.
GBP/EUR’s yearly highs and lows, it’s 3.209% up from its 52-week low and 1.291% 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 Tuesday, 20 August, "For support levels, the USD/JPY pair might test the seven-month low of 141.69, which was reached on August 5. ", "On the upside, the USD/JPY pair could encounter immediate resistance around the nine-day Exponential Moving Average (EMA) at 147.41. "
- According to FXStreet on Thursday, 22 August, "On the upside, the USD/JPY pair could encounter an immediate resistance at the downtrend line around the nine-day Exponential Moving Average (EMA) at the 146.45 level. ", "However, The USD/JPY pair gainedground as the JPY depreciated following the record trade deficit report released on Wednesday. "
- Usd/jpy price forecast: hovers around 145.20 post-fed minutes release. According to FXStreet on Wednesday, 21 August, "The USD/JPY trims some of its earlier gains after July’s Federal Reserve’s meeting minutes hinted the US central bank could ease policy as soon as September. ", "After falling to a seven-month low of 141.69, the USD/JPY recovered some ground and hit a two-week high of 149.39 before resuming its ongoing downtrend. "
- Usd/jpy holds positive ground above 145.00 despite firmer fed rate cut expectations. According to FXStreet on Thursday, 22 August, "The USD/JPY pair trades on a stronger note around 145.35 during the early Asian session on Thursday. ", "The rising expectation of a Fed rate cut might weigh on the Greenback and cap the upside of USD/JPY in the near term. "
- Usd/jpy: clashing uncertainties – rabobank. According to FXStreet on Wednesday, 21 August, "That has not been the case in USD/JPY this summer, Rabobank’s Senior FX Strategist Jane Foley notes.", "Most activity in the last couple of weeks has been within the 145 to 147 area and there is a solid chance that this will continue to broadly hold USD/JPY in the near-term. "
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