(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.47% for the last 10 sessions. At 07:06 EST on Tuesday, 1 October, GBP/EUR (GBPEUR) is $1.20.
GBP/EUR's yearly highs and lows, it's 5.295% up from its 52-week low and 0.141% 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 price forecast: flat lines below 1.1200 ahead of German consumer inflation data. According to FXStreet on Monday, 30 September, "Some follow-through buying will be seen as a fresh trigger for bulls and lift the EUR/USD pair to the 1.1275 region, or the July 2023 high. ", "From a technical perspective, the EUR/USD pair remains confined in a multi-day-old trading band. "
- Eur/usd flat lines below mid-1.1100s ahead of eurozone cpi, US macro data. According to FXStreet on Tuesday, 1 October, "Apart from this, speeches by a slew of influential FOMC members will drive the USD demand and provide some meaningful impetus to the EUR/USD pair, which remains confined in a familiar range held over the past two weeks or so. ", "The EUR/USD pair struggles to gain any meaningful traction following the previous day's pullback from the vicinity of the 14-month peak - levels just above the 1.1200 mark and oscillates in a narrow band during the Asian session on Tuesday. "
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