GBP/EUR Bullish Momentum: 0.94% Up In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.94% for the last 10 sessions. At 03:08 EST on Wednesday, 29 May, GBP/EUR (GBPEUR) is $1.18.

GBP/EUR’s yearly highs and lows, it’s 3.095% up from its 52-week low and 0.093% down from its 52-week high.

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  • According to FXStreet on Tuesday, 28 May, "A breach of these levels could exert downward pressure on the USD/JPY pair, potentially leading it towards the throwback support at 151.86."
  • According to FXStreet on Wednesday, 29 May, "Furthermore, Bank of Japan (BoJ) board member Seiji Adachi maintained his dovish stance during a speech, potentially contributing to the JPY’s decline and supporting the USD/JPY pair.", "Further decline in the USD/JPY pair could apply downward pressure, potentially testing the lower boundary of the rising channel."
  • According to FXStreet on Monday, 27 May, "Price action around USD/JPY remained flat near the 157.00 hurdle following a solid performance of JGB 10-year yields. "
  • Usd/jpy price analysis: advances modestly and reclaims 157.00. According to FXStreet on Tuesday, 28 May, "The USD/JPY wavers around 157.00 as the Greenback remains steady in Tuesday’s session. ", "From a technical perspective, the USD/JPY is upward biased, as evidenced by successive series of higher highs and lows and price action standing above the Ichimoku Cloud (Kumo). "
  • Usd/jpy price analysis: flatlines amid subdued session, hovers around 156.90. According to FXStreet on Monday, 27 May, "From a technical perspective, the USD/JPY is upward biased, as evidenced by successive series of higher highs and lows and price action standing above the Ichimoku Cloud (Kumo). "

More news about GBP/EUR (GBPEUR).

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