(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.95% for the last 10 sessions. At 22:06 EST on Tuesday, 4 April, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 5.419% up from its 52-week low and 5.933% 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: weaker yen momentum is set to fade – MUFG. According to FXStreet on Monday, 3 April, "Year-end foreign bond buying might have fuelled some of this move higher and that is unlikely to be sustained while the scale of the drop in US yields still points to downside USD/JPY risks, economists at MUFG Bank report.", "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 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 Marches to 133.50 as yields, US dollar recover ahead of NFP. According to FXStreet on Monday, 3 April, "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.", "Looking ahead, USD/JPY is likely to extend the latest rebound amid a light calendar and firmer yields. "
- Usd/jpy bears approach 132.00 as yields drop on softer US pmi, downbeat fed concerns. According to FXStreet on Tuesday, 4 April, "It should be noted that the downbeat Fed calls also weigh on the yield and the USD/JPY prices. ", "A U-turn from the 100-DMA, around 133.75 by the press time, directs USD/JPY towards an ascending support line from mid-January, close to 130.70 at the latest."
- 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."
More news about GBP/EUR (GBPEUR).
