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GBP/EUR Bullish Momentum: 0.97% Up In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.97% for the last 10 sessions. At 15:11 EST on Sunday, 26 May, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR’s yearly highs and lows, it’s 2.902% up from its 52-week low and 0.28% 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."
  • Usd/jpy steady on Friday after another week of gains. According to FXStreet on Friday, 24 May, "The pair is still trading down from multi-year highs set in late April above 160.00, but USD/JPY continues to drift deeper into bull country above the 200-day Exponential Moving Average (EMA) at 149.13."

More news about GBP/EUR (GBPEUR).

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