EUR/GBP Bearish By 1% In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.81% for the last 10 sessions. At 21:08 EST on Wednesday, 10 May, EUR/GBP (EURGBP) is $0.87.

EUR/GBP’s yearly highs and lows, it’s 4.269% up from its 52-week low and 5.847% down from its 52-week high.

Volatility

EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a negative 0.10%, and a positive 0.28%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.36% (last week), 0.26% (last month), and 0.28% (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 overbought (>=80).

Previous days news about EUR/GBP (EURGBP)

  • Eur/gbp struggles to capitalize on modest bounce from multi-month low, remains below 0.8700. According to FXStreet on Wednesday, 10 May, "This might further contribute to capping the EUR/GBP cross in the absence of any relevant market-moving economic releases, either from the Eurozone or the UK. ", "This, in turn, might hold back traders from placing aggressive bullish bets around the shared currency and keep a lid on any meaningful appreciating move for the EUR/GBP cross, at least for the time being."

More news about EUR/GBP (EURGBP).

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