(VIANEWS) - GBP/EUR (GBPEUR) has been up by 0.96% for the last 10 sessions. At 17:07 EST on Friday, 24 May, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR's yearly highs and lows, it's 2.893% up from its 52-week low and 0.289% 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
- According to FXStreet on Friday, 24 May, "The USD/JPY pair might retest the upper boundary of the rising wedge at approximately 157.20. ", "A break below this level could exert downward pressure on the USD/JPY pair, potentially moving it toward the throwback support at 151.86."
- According to FXStreet on Thursday, 23 May, "The USD/JPY pair could retest the upper boundary of the rising wedge near the psychological barrier at 157.00. ", "A break below this level could exert downward pressure on the USD/JPY pair, potentially moving it toward the throwback support at 151.86."
- Usd/jpy price analysis: closes in on resistance with possibility of temporary pullback. According to FXStreet on Wednesday, 22 May, "If USD/JPY corrects it will probably find support at the level of the cluster of Moving Averages between 155.50-80."
- Usd/jpy price analysis: faces strong resistance as bulls target 157.00. According to FXStreet on Wednesday, 22 May, "The USD/JPY erased Tuesday's losses and climbed past the 156.50 area after the announcement of the latest US Federal Reserve meeting minutes. ", "The USD/JPY uptrend continues, yet it's facing stir resistance at the May 14 high of 156.76. "
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