(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.64% for the last 21 sessions. At 00:07 EST on Tuesday, 21 November, GBP/EUR (GBPEUR) is $1.14.
GBP/EUR’s yearly highs and lows, it’s 2.631% up from its 52-week low and 2.905% 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 overbought (>=80).
- Usd/jpy slides back closer to monthly low amid the emergence of fresh USD selling. According to FXStreet on Monday, 20 November, "In fact, the yield on the benchmark 10-year US government bond fell to a two-month low of 4.379% on Friday, which is holding back the USD bulls from placing aggressive bets and capping the upside for the USD/JPY pair. ", "That said, a generally positive tone around the Asian equity markets could undermine the safe-haven JPY and lend some support to the USD/JPY pair. "
- Usd/jpy price analysis: moves below 149.00 near six-week lows. According to FXStreet on Monday, 20 November, "The 14-day Relative Strength Index (RSI) below the 50 level signals bearish sentiment, which could inspire the bears of the USD/JPY pair to navigate the support region around 146.50 major level, followed by the 38.2% Fibonacci retracement at 146.37.", "A breakthrough above the latter could support the USD/JPY pair to revisit the previous week’s high at 151.90."
- Usd/jpy analysis: amid profit-taking selling – 20 November 2023. According to DailyForex on Monday, 20 November, "In the long term, and according to the performance on the daily chart, it appears that the USD/JPY is trading within an upward channel. ", "The price of the USD/JPY has now declined, trading several levels below the 100-hour moving average line. "
More news about GBP/EUR (GBPEUR).