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EUR/GBP Bearish Momentum With A 1% Fall In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.5% for the last 10 sessions. At 16:06 EST on Sunday, 19 March, EUR/GBP (EURGBP) is $0.88.

EUR/GBP’s yearly highs and lows, it’s 6.048% up from its 52-week low and 5.262% 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 0.34%, a negative 0.09%, and a positive 0.32%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.41% (last week), 0.33% (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: further downside past 0.8800 appears more compelling. According to FXStreet on Friday, 17 March, "Even so, a one-week-old descending resistance line, around 0.8815, precedes a three-week-old horizontal resistance, near 0.8835, to challenge the EUR/GBP buyers.", "A daily closing below the 0.8775-70 support-turned-resistance confluence, comprising the 100-DMA and an upward-sloping trend line from late December 2022 keeps EUR/GBP bears hopeful. "

More news about EUR/GBP (EURGBP).

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