(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 08:09 EST on Thursday, 4 August, GBP/EUR (GBPEUR) is at 1.1866, 0.6372% down since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 0.603% down from its trailing 24 hours low of $1.19 and 0.736% down from its trailing 24 hours high of $1.20.
GBP/EUR’s yearly highs and lows, it’s 3.507% up from its 52-week low and 2.642% down from its 52-week high.
News about EUR/USD
- According to FXStreet on Monday, 1 August, "The EUR/USD pair showed no immediate reaction to this report and was last seen rising 0.55% on the day at 1.0274."
- Eur/usd faces hurdles around 1.0260 on lower consensus for eurozone retail sales. According to FXStreet on Monday, 1 August, "The EUR/USD pair has failed to violate the immediate hurdle of 1.0260 as investors are discounting an expected underperformance from the Eurozone Retail Sales data. "
- Eur/usd Marches firmly after US PMI clings to expansionary territory. According to FXStreet on Monday, 1 August, "The EUR/USD advances for the fourth consecutive day, amidst an upbeat mood, as investors shrugged off US-China tensions arising as US House Speaker Pelosi visits Asia. ", "The EUR/USD is trading at 1.0272 after hitting a daily low at 1.0205, though it climbed sharply towards its daily high at 1.0274 but settled around current levels, as buyers are eyeing a challenge of 1.0300."
- Eur/usd price analysis: bears need validation from 1.0145. According to FXStreet on Monday, 1 August, "That said, the EUR/USD sellers should aim for the 1.0200 threshold as intraday support. ", "In a case where the EUR/USD prices remain firmer past 1.0300, the buyers can target July’s high near 1.0475."
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