(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.03% for the last 10 sessions. At 05:11 EST on Thursday, 28 December, GBP/EUR (GBPEUR) is $1.15.
GBP/EUR's yearly highs and lows, it's 3.224% up from its 52-week low and 2.345% 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 analysis: dollar still under pressure - 26 December 2023. According to DailyForex on Tuesday, 26 December, "Recently, USD/JPY is stabilizing around the level of 142.40 at the time of writing the analysis and during the annual holiday week.", "As a result, the USD/JPY tumbled towards the support level of 140.95, the lowest for the pair in five months. "
- Usd/jpy drops through 142.00 as US dollar sells off. According to FXStreet on Wednesday, 27 December, "The USD/JPY fell nine-tenths of a percent on Wednesday as the market leans into bets that the Federal Reserve (Fed) will get pushed into a faster pace of rate cuts in 2024, with some investors expecting rate cuts to begin as soon as next March.", "The USD/JPY has slipped through recent consolidation after a rejection from the 200-hour Simple Moving Average (SMA) near 142.70, tumbling through the 142.00 handle and testing fresh weekly lows near 141.60."
- Usd/jpy faces pressure near 143.00 as fed’s rate cut bets soar. According to FXStreet on Wednesday, 27 December, "The USD/JPY pair delivered a pullback move after discovering moderate buying interest near 142.00. "
- According to FXStreet on Tuesday, 26 December, "At the time of writing, the USD/JPY pair is trading around 142.32, down 0.08% on the day."
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