EUR/GBP Bearish Momentum With A 1% Fall In The Last 21 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.57% for the last 21 sessions. At 16:07 EST on Tuesday, 30 May, EUR/GBP (EURGBP) is $0.86.

EUR/GBP’s yearly highs and lows, it’s 3.681% up from its 52-week low and 6.377% 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 0.07%, a negative 0.15%, and a positive 0.25%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.21% (last week), 0.26% (last month), and 0.25% (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 weakens simUltaneously with euro depreciation. According to FXStreet on Monday, 29 May, "On the other hand, upcoming resistance levels for EUR/GBP are anticipated at the 0.8700 level, followed by the zone at 0.8725 and the 100-day Simple Moving Average (SMA) at 0.8750.", "In the event of a decline in the EUR/GBP exchange rate, immediate support levels are observed at the 0.8660 zone, followed by the yearly low at 0.8645 and 0.8600 level. "

More news about EUR/GBP (EURGBP).

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