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GBP/EUR Falls By 2% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 2.26% for the last 10 sessions. At 15:12 EST on Sunday, 29 October, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR’s yearly highs and lows, it’s 2.82% up from its 52-week low and 2.727% 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 dips below 150.00 amid rising tokyo inflation, while US core PCE remains unchanged. According to FXStreet on Friday, 27 October, "The USD/JPY daily chart shows the pair dipped toward the Tenkan-Sen at 149.75, which, if broken, the air can slide to the Kijun-Sen at 149.02. "
  • Usd/jpy seen moving toward 148 on a three-month view – rabobank. According to FXStreet on Friday, 27 October, "Assuming further steps towards policy normalisation by the BoJ, economists at Rabobank see USD/JPY moving to 148 on a three-month view.", "Our forecast of a move back to USD/JPY 148 on a three-month view assumes further policy normalisation by the BoJ and continued speculation of a potential exit from negative rates in 2024."
  • Usd/jpy to push toward 146.00 by the end of 2024 – wells fargo. According to FXStreet on Friday, 27 October, "As these dynamics unfold, we expect USD/JPY to push toward 146.00 by the end of next year."
  • According to FXStreet on Friday, 27 October, "The USD/JPY exchange rate, which measures the number of Yen that can be bought with a single US Dollar (USD), fell back below the key 150 level on Friday after briefly flirting with a breakout higher. ", "From a technical perspective, despite Friday’s long decline, USD/JPY remains in an uptrend, on a short, medium and long-term basis. "

More news about GBP/EUR (GBPEUR).

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