(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.86% for the last 10 sessions. At 16:07 EST on Monday, 5 August, EUR/GBP (EURGBP) is $0.86.
EUR/GBP’s yearly highs and lows, it’s 2.338% up from its 52-week low and 2.145% down from its 52-week high.
Volatility
EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was 0.21%, 0.04%, and 0.15%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.34% (last week), 0.18% (last month), and 0.15% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be oversold (<=20).
News about
- Eur: when the dust settles, eur/usd should trade higher – ING. According to FXStreet on Monday, 5 August, "Were it not for the heavy sell-off in equities, yield differentials would make a case for EUR/USD to be trading well above 1.10 now. ", "Weaker global growth isnot good for the pro-cyclical Euro (EUR), but the fact that the ‘US exceptionalism’narrative could be coming back to earth with a bump should be EUR/USD supportive, ING’s FX strategist Chris Turner notes."
- Eur/usd: top of range – rabobank. According to FXStreet on Monday, 5 August, "On the build-up of Fed rate cut speculation, EUR/USD has risen to a 5-month high and towards the top of the trading range that has dominated all year. ", "In our view, factors most likely to drive EUR/USD above 1.10 would likely be a surge in evidence suggesting a sharp slowdown is occurring in the US economy combined with a drop back of Trump in the polls."
More news about EUR/GBP (EURGBP).
