(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.93% for the last 10 sessions. At 10:08 EST on Wednesday, 5 April, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR's yearly highs and lows, it's 5.401% up from its 52-week low and 5.95% 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
- Usd/jpy signal: USD continues to look higher against yen - 03 April 2023. According to DailyForex on Monday, 3 April, "Potential signalIf the USD/JPY pair breaks the ¥133.15 level, then it's likely that the pair will continue to reach towards the ¥135 level, perhaps down to the ¥138 level."
- Usd/jpy price analysis: retraces after failing to crack the 200-dma. According to FXStreet on Monday, 3 April, "From the daily chart perspective, the USD/JPY bullish momentum waned after the pair fell shy of cracking the 200-day EMA. ", "Hence, the USD/JPY resumed its downtrend direction, exacerbated by back-to-back breaks of essential support levels, like the 50 and 20-day EMAs, at 133.25 and 132.72. "
- Usd/jpy: weaker yen momentum is set to fade – MUFG. According to FXStreet on Monday, 3 April, "US yields could still grind higher from here but USD/JPY has already jumped by more than implied by short-term yields and hence the influence on lifting USD/JPY further from here is likely to diminish.", "In addition, the substantial increase in JPY short positions amongst Leveraged Funds could be a catalyst for a retracement lower in USD/JPY if the move to the upside begins to fade."
- Usd/jpy Marches to 133.50 as yields, US dollar recover ahead of NFP. According to FXStreet on Monday, 3 April, "It's worth observing that the receding hawkish calls surrounding the Bank of Japan (BoJ) also favor USD/JPY buyers. ", "An upside break of 50-DMA, close to 133.00 at the latest, joins bullish MACD signals and firmer RSI (14), not overbought to direct USD/JPY buyers towards the 100-DMA hurdle of around 133.85."
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