GBP/EUR (GBPEUR) is currently on bullish momentum. At 08:08 EST on Thursday, 22 July, GBP/EUR (GBPEUR) is at 1.1694, 0.62% up since the last session’s close.
GBP/EUR (GBPEUR) Range
Concerning GBP/EUR’s daily highs and lows, it’s 1.159% up from its trailing 24 hours low of $1.16 and 1.098% up from its trailing 24 hours high of $1.16.
GBP/EUR’s yearly highs and lows, it’s 8.67% up from its 52-week low and 0.923% 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: year-end target remains at 1.17 – rabobank. According to FXStreet on Monday, 19 July, "Through most of this year so far, it has appeared that the USD have been the most dominant currency in the EUR/USD exchange rate. ", "While we have been anticipating a stronger USD this summer, with US real yields having retracing the move triggered after the June FOMC meeting, we don’t yet see sufficient reason to alter our EUR/USD 1.17 target. "
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 forex signal: wide bearish price channel holds – 20 July 2021. According to DailyForex on Tuesday, 20 July, "Last Thursday’s EUR/USD signals produced a nicely profitable short trade from the bearish inside candlestick breakdown off the resistance level identified at 1.1850."
More news about GBP/EUR (GBPEUR).