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

EUR/GBP Bearish Momentum With A 1% Fall In The Last 10 Sessions
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(VIANEWS) - EUR/GBP (EURGBP) has been up by 1.1% for the last 10 sessions. At 17:12 EST on Monday, 15 July, EUR/GBP (EURGBP) is $0.84.

EUR/GBP's yearly highs and lows, it's 0.251% up from its 52-week low and 4.198% down from its 52-week high.

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).

News about

  • Eur/usd holds below 1.0900 as US political violence boosts US dollar. According to FXStreet on Monday, 15 July, "The EUR/USD pair attracts some sellers around 1.0885 during the early Asian session on Monday. "
  • Eur/usd price analysis: trades with negative bias below one-month peak, bullish potential intact. According to FXStreet on Monday, 15 July, "The EUR/USD pair attracts some sellers on the first day of a new week and for now, seems to have snapped a three-day winning streak to over a one-month peak, around the 1.0910 area touched on Friday. ", "Some follow-through buying beyond the 1.0910-1.0915 area mark will reaffirm the constructive outlook and lift the EUR/USD pair to the next relevant resistance near the 1.0960-1.0965 region. "
  • Eur/usd: trump’s ear stirs more uncertainty – rabobank. According to FXStreet on Monday, 15 July, "Since this could coincide with a fading of Fed rate cut hopes, we see scope for further dips in EUR/USD potentially to 1.05 on a 3-to-6-month view."
  • Eur/usd posts fresh three-week high above 1.0900 with focus on ECB meeting. According to FXStreet on Monday, 15 July, "The EUR/USD pair refreshes a three-week high slightly above the round-level figure of 1.0900 in Monday's European session. "

More news about EUR/GBP (EURGBP).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.