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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 16:06 EST on Wednesday, 29 May, GBP/EUR (GBPEUR) is $1.18.

GBP/EUR’s yearly highs and lows, it’s 3.077% up from its 52-week low and 0.221% down from its 52-week high.

News about

  • Eur/usd treads water near 1.0860 as markets gear up for another week of fed-watching. According to FXStreet on Monday, 27 May, "Despite recent losses, EUR/USD remains on the high side of the 200-day Exponential Moving Average (EMA) at 1.0790. "
  • Eur/usd price analysis: moves below 1.0850 despite a bullish bias. According to FXStreet on Wednesday, 29 May, "However, an analysis of the daily chart indicates a bullish bias for the EUR/USD pair, as it consolidates within an ascending triangle. ", "On the downside, immediate support for the EUR/USD pair could be found at the lower boundary of the ascending triangle, followed by the 21-day Exponential Moving Average (EMA) at 1.0815. "

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