(VIANEWS) – GBP/EUR (GBPEUR) is currently on bullish momentum. At 13:09 EST on Monday, 15 November, GBP/EUR (GBPEUR) is at 1.1784, 0.6% up since the last session’s close.

GBP/EUR (GBPEUR) Range

About GBP/EUR’s daily highs and lows, it’s 0.968% up from its trailing 24 hours low of $1.17 and 0.563% up from its trailing 24 hours high of $1.17.

GBP/EUR’s yearly highs and lows, it’s 8.769% up from its 52-week low and 0.975% 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 USD/JPY

  • Usd/jpy persistent around 114.00 level, amid grim GDP data. According to FXStreet on Monday, 15 November, "Besides the China data, USD/JPY will find impetus from US Retail Sales MoM, which can nudge the pair in either direction."
  • Usd/jpy remains confined in a range below 114.00 mark. According to FXStreet on Monday, 15 November, "This, in turn, supports prospects for the emergence of some dip-buying around the USD/JPY pair.", "Market participants now look forward to the US economic docket, featuring the only release of the Empire State Manufacturing Index, for some impetus around the USD/JPY pair."
  • Usd/jpy flirts with daily lows, struggles to defend 114.00 mark. According to FXStreet on Friday, 12 November, "Traders will further take cues from the market risk sentiment for some impetus around the USD/JPY pair.", "This should assist the greenback to attract some dip-buying and lend some support to the USD/JPY pair."
  • Usd/jpy struggles at 114.00 as the New York session ends. According to FXStreet on Saturday, 13 November, "Furthermore, the US 10-year Treasury yield, which strongly correlates with the USD/JPY pair, ended flat in the session at 1.565%.", "The USD/JPY retreated from weekly tops around 114.00, fell 0.17%, trading at 113.88 as the New York session finished. "
  • Usd/jpy struggles for direction, consolidates in a range below 114.00 mark. According to FXStreet on Monday, 15 November, "This should help limit the USD losses and also warrants some caution before placing any aggressive bearish bets around the USD/JPY pair.", "Traders will further take cues from the broader market risk sentiment for some short-term opportunities around the USD/JPY pair."

More news about GBP/EUR (GBPEUR).

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