(VIANEWS) – GBP/EUR (GBPEUR) is currently on bullish momentum. At 08:06 EST on Friday, 15 October, GBP/EUR (GBPEUR) is at 1.1849, 0.54% up since the last session’s close.

GBP/EUR (GBPEUR) Range

Regarding GBP/EUR’s daily highs and lows, it’s 0.552% up from its trailing 24 hours low of $1.18 and 0.492% up from its trailing 24 hours high of $1.18.

GBP/EUR’s yearly highs and lows, it’s 9.369% up from its 52-week low and 0.042% 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 EUR/USD

  • According to FXStreet on Tuesday, 12 October, "Meanwhile, the EUR/USD pair continues to fluctuate in a tight range and was last seen trading unchanged on a daily basis at 1.1551."
  • Eur/usd price analysis: rising odds for a move to 1.1500. According to FXStreet on Tuesday, 12 October, "In the meantime, the near-term outlook for EUR/USD is seen on the negative side below the key 200-day SMA, today at 1.1939."
  • Eur/usd loiters around 1.1550 on USD strength, dovish ECB. According to FXStreet on Tuesday, 12 October, "The US Dollar Index (DXY), which tracks the performance of the greenback against the six majors remains at a one-year high of around 94.40, which keeps EUR/USD gains limited.", "The strong buying pressure in the greenback pushed EUR/USD below 1.1600 the lowest level since July 2020. "
  • Eur/usd attempts a mild bounce to 1.1560, looks to data. According to FXStreet on Tuesday, 12 October, "The European currency regains the smile and lifts EUR/USD to the 1.1560 region on turnaround Tuesday."

More news about GBP/EUR (GBPEUR).

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