EUR/GBP Bearish Momentum: 0.84% Down In The Last 5 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 0.84% for the last 5 sessions. At 07:11 EST on Saturday, 25 February, EUR/GBP (EURGBP) is $0.88.

EUR/GBP’s yearly highs and lows, it’s 7.643% up from its 52-week low and 4.385% 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 positive 0.02%, and a positive 0.32%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.33% (last week), 0.34% (last month), and 0.32% (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 price analysis: pullback moves suggest 0.8780 retest. According to FXStreet on Friday, 24 February, "As a result, the EUR/GBP bears are all set to revisit the latest trough surrounding 0.8780. ", "On the contrary, a successful break of the 0.8820 resistance confluence isn’t an open welcome to the EUR/GBP bulls as the previous support line from January 30, around 0.8830 by the press time, could challenge the upside moves."

More news about EUR/GBP (EURGBP).

Leave a Reply

Your email address will not be published. Required fields are marked *