EUR/GBP Bearish Momentum: 0.91% Down In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 0.91% for the last 10 sessions. At 04:07 EST on Friday, 24 May, EUR/GBP (EURGBP) is $0.85.

EUR/GBP’s yearly highs and lows, it’s 0.341% up from its 52-week low and 2.772% 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 0.13%, a negative 0.04%, and a positive 0.15%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.16% (last week), 0.13% (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 overbought (>=80).

Previous days news about EUR/GBP (EURGBP)

  • Eur/gbp retreats as chances of boe's June cut plunge after uk's CPI. According to FXStreet on Wednesday, 22 May, "The EUR/GBP traded lower falling to 0.8505 on Wednesday after the Pound garnered strength following the Office for National Statistics (ONS) releasing inflation data higher than the market’s expectations. ", "Looking at the broader market perspective, the EUR/GBP finds itself in a challenging position in relation to its Simple Moving Averages (SMA), hinting towards a potential further decline. "

More news about EUR/GBP (EURGBP).

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