GBP/EUR Jumps By 1% In The Last 10 Sessions

(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.15% for the last 10 sessions. At 03:08 EST on Thursday, 23 May, GBP/EUR (GBPEUR) is $1.18.

GBP/EUR’s yearly highs and lows, it’s 3.007% up from its 52-week low and 0.178% 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 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: 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. "
  • According to FXStreet on Wednesday, 22 May, "The USD/JPY pair could retest the upper boundary of the ascending triangle 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 153.60."

More news about GBP/EUR (GBPEUR).

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