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EUR/GBP Over 1% Down In The Last 21 Sessions

EUR/GBP Over 1% Down In The Last 21 Sessions

(VIANEWS) - EUR/GBP (EURGBP) has been up by 1.58% for the last 21 sessions. At 07:07 EST on Monday, 10 June, EUR/GBP (EURGBP) is $0.85.

EUR/GBP's yearly highs and lows, it's 0.071% up from its 52-week low and 3.536% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP's Forex is considered to be overbought (>=80).

News about

  • Eur/usd struggles near three-week low, seems vulnerable below 100-day sma/1.0800. According to FXStreet on Monday, 10 June, "This, along with the cautious mood around the equity markets, is seen underpinning the safe-haven US Dollar (USD) and turning out to be a key factor exerting some downward pressure on the EUR/USD pair.", "The EUR/USD pair remains under some selling pressure for the second straight day and drops to over a three-week low during the Asian session on Monday. "
  • According to FXStreet on Monday, 10 June, "Renewed uncertainty over the political scenario in France undermines the Euro, dragging EUR/USD 0.26% lower on the day to trade near 1.0770."

More news about EUR/GBP (EURGBP).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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