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GBP/EUR Bullish Momentum: 0.92% Up In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.92% for the last 10 sessions. At 04:09 EST on Friday, 24 May, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 2.849% up from its 52-week low and 0.331% 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

  • Eur/usd slips further back on Thursday as rate cut hopes dry up. According to FXStreet on Thursday, 23 May, "On daily candlesticks, EUR/USD is getting dragged back into consolidation at the 200-day EMA at 1.0801, and the pair has declined for all but one of the last five trading days."

More news about GBP/EUR (GBPEUR).

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