(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.93% for the last 10 sessions. At 21:10 EST on Wednesday, 23 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 8.212% up from its 52-week low and 1.598% 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 overbought (>=80).
News about
- Eur/usd forex signal: crawls back as US bond sell-off gains steam - 22 August 2023. According to DailyForex on Tuesday, 22 August, "The EUR/USD pair rebounded as most investors started focusing on the upcoming Jackson Hole Symposium. ", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bullish viewBuy the EUR/USD pair and set a take-profit at 1.100."
- According to FXStreet on Tuesday, 22 August, "This discrepancy has existed since 2014 and has long been discounted in EUR/USD exchange rates. "
- According to FXStreet on Tuesday, 22 August, "Furthermore, the positive outlook for EUR/USD remains valid as long as it remains above the important 200-day SMA.", "In case the recovery picks up a more serious impulse, EUR/USD is expected to meet an interim barrier at the 55-day SMA at 1.0961 prior to the psychological 1.1000 the figure and the August high at 1.1064 (August 10). "
- Eur/usd price analysis: euro bears attack 1.0830 key support ahead of eu/us PMI. According to FXStreet on Wednesday, 23 August, "Also challenging the EUR/USD buyers is a downward-sloping resistance line from July 18, close to 1.0955 by the press time.", "Alternatively, a downside break of 1.0835 will need validation from the 200-DMA support of around 1.0800 to convince the EUR/USD bears in challenging May's bottom surrounding 1.0635."
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