Monday, August 31, 2026

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

ViaNews Editorial Team

August 27, 2024

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

(VIANEWS) - EUR/GBP (EURGBP) has been up by 1.32% for the last 10 sessions. At 19:10 EST on Tuesday, 27 August, EUR/GBP (EURGBP) is $0.84.

EUR/GBP's yearly highs and lows, it's 0.632% up from its 52-week low and 3.776% 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 0.14%, a positive 0.02%, and a positive 0.19%, respectively.

EUR/GBP's highest amplitude of average volatility was 0.18% (last week), 0.27% (last month), and 0.19% (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: downside extends to oversold levels in falling channel. According to FXStreet on Monday, 26 August, "If EUR/GBP breaks below the Hammer candle's lows at 0.8453 it will signal further downside. ", "Given the downtrend in the short-term, EUR/GBP there is still a chance of another break below the channel line. "

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.

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