GBP/EUR (GBPEUR) is currently on bullish momentum. At 13:07 EST on Wednesday, 21 July, GBP/EUR (GBPEUR) is at 1.1623, 0.56% up since the last session’s close.
GBP/EUR (GBPEUR) Range
About GBP/EUR’s daily highs and lows, it’s 0.545% up from its trailing 24 hours low of $1.16 and 0.484% up from its trailing 24 hours high of $1.16.
GBP/EUR’s yearly highs and lows, it’s 8.01% up from its 52-week low and 1.525% 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
Eur/usd challenges 3-month lows near 1.1770. According to FXStreet on Monday, 19 July, "The selling pressure around the European currency remains unabated for yet another session and now forces EUR/USD to shed further ground and record new 3-month lows in the 1.1765/60 band.", "The resumption of the downside in EUR/USD now flirts with the key 2020-2021 support line in the 1.1770/80 band. "
Eur/usd price analysis: prints falling wedge around key support line near 1.1800. According to FXStreet on Monday, 19 July, "In a case where the EUR/USD bears keep the reins past 1.1700, the November 2020 lows near 1.1600 will be in the spotlight.", "If at all the EUR/USD up-moves remain intact beyond 1.2008, lows marked in May and early June around 1.2050 and 1.2100 should return to the chart."
Eur/usd rebounds from monthly lows toward 1.1825. According to FXStreet on Monday, 19 July, "The EUR/USD rebounded sharply from its lowest level since April, below 1.1770, and printed a fresh daily high at 1.1825. "
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