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 04:09 EST on Wednesday, 17 July, GBP/EUR (GBPEUR) is $1.19.

GBP/EUR’s yearly highs and lows, it’s 4.524% up from its 52-week low and 0.017% 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 extends upside near 158.50 despite strong Japan’s tankan index. According to FXStreet on Wednesday, 17 July, "The USD/JPY pair extends gains near 158.40 on the selling pressure around the Japanese currency during the early Asian session on Wednesday. "
  • Usd/jpy price analysis: struggles to crack 158.50 as bearish signals mount. According to FXStreet on Tuesday, 16 July, "More technical signals suggest the USD/JPY is turning neutral-bearishly biased, with price diving below the Tenkan and Kijun-Sen, showing the lack of buyers in the market. ", "The USD/JPY edged higher during Tuesday’s North American session, registering minuscule gains of 0.24% and trading below the 158.50 figure. "
  • Usd/jpy price analysis: struggles below 158.00 after intervention, eyes further decline. According to FXStreet on Monday, 15 July, "The USD/JPY trades had minimal losses of 0.02%, yet they recovered some ground late in the North American session. ", "Conversely, if USD/JPY climbs past the 158.00 mark and extends its rally above the July 12 high of 159.45, that would pave the way for a challenge of 160.00."
  • According to FXStreet on Wednesday, 17 July, "Returning to trade within the ascending channel would likely improve sentiment for the USD/JPY pair, with a potential target toward the upper boundary of the channel near 164.00.", "On the downside, the USD/JPY pair could find key support around the psychological level of 158.00. "
  • According to FXStreet on Tuesday, 16 July, "A return to trading within the ascending channel would likely improve sentiment for the USD/JPY pair, with a potential target toward the upper boundary of the ascending channel near 163.70.", "On the downside, the USD/JPY pair could find key support around the psychological level of 158.00. "

More news about GBP/EUR (GBPEUR).

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