EUR/GBP Bearish Momentum: 0.98% Down In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 0.98% for the last 10 sessions. At 21:06 EST on Monday, 27 May, EUR/GBP (EURGBP) is $0.85.

EUR/GBP’s yearly highs and lows, it’s 0.153% up from its 52-week low and 2.955% 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 0.09%, a negative 0.04%, and a positive 0.14%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.12% (last week), 0.13% (last month), and 0.14% (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 holds its position above 0.8500 despite the dovish ECB. According to FXStreet on Monday, 27 May, "This moderation has tempered expectations of a rate cut in June among investors, which could put pressure on the Pound Sterling (GBP) and limit the downside of the EUR/GBP cross."

More news about EUR/GBP (EURGBP).

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