(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.56% for the last 21 sessions. At 03:07 EST on Tuesday, 10 September, GBP/EUR (GBPEUR) is $1.19.
GBP/EUR’s yearly highs and lows, it’s 3.954% up from its 52-week low and 0.579% 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).
News about
- Eur/usd: trading a little lower – rabobank. According to FXStreet on Monday, 9 September, "Consequently, we do not see EUR/USD trading much higher than 1.12 in the coming months. ", "Reflecting the movements in bond yields, there were a lot of gyrations in EUR/USD on Friday firstly on the back of the US payrolls report and then in response to the remarks of Fed speakers, Rabobank’s Senior FX Strategist Jane Foley notes."
- According to FXStreet on Monday, 9 September, "Expect EUR/USD to not drift too far away from 1.1100 over the next couple of days with the US election debate perhaps the first big driver this week."
- Eur/usd slips as ECB rate cut expectations weigh, drops below 1.1100. According to FXStreet on Monday, 9 September, "From a technical standpoint, the EUR/USD remains neutral to upward bias, though a decisive break below the September 3 low of 1.1026 might open the door for further downside. "
- Eur/usd holds ground below 1.1100, faces challenges due to rising odds of ECB rate cut. According to FXStreet on Monday, 9 September, "However, the EUR/USD pair’s upside may be capped, as recent eurozone inflation data have solidified expectations of a rate cut by the European Central Bank (ECB) at upcoming Thursday’s policy meeting."
More news about GBP/EUR (GBPEUR).
