(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.68% for the last 21 sessions. At 09:09 EST on Wednesday, 24 May, EUR/GBP (EURGBP) is $0.87.
EUR/GBP’s yearly highs and lows, it’s 4.257% up from its 52-week low and 5.858% 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 0.03%, a negative 0.14%, and a positive 0.26%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.11% (last week), 0.26% (last month), and 0.26% (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 oversold (<=20).
Previous days news about EUR/GBP (EURGBP)
- Eur/gbp to turn higher in 12-month view reflecting sluggish UK fundamentals – rabobank. According to FXStreet on Monday, 22 May, "This backdrop is heavily suggestive of range trading for EUR/GBP in the coming weeks.", "Further out, we retain our forecast that EUR/GBP will grind higher to 0.90 on a 9 to 12-mth view. "
- Eur/gbp extends the consolidation in the sub-0.8700 area. According to FXStreet on Monday, 22 May, "Further improvement in the appetite for the risk complex lifts EUR/GBP to the boundaries of the 0.8700 hurdle so far on Monday.", "Taking a look at the weekly chart, EUR/GBP begins the new trading week with gains after five sequential pullbacks."
- Eur/gbp aims to recapture 0.8700 ahead of UK inflation. According to FXStreet on Tuesday, 23 May, "The EUR/GBP pair has rebounded sharply to 0.8695 after a wild gyration movein the early Tokyo session. ", "Analysts at Rabobank are anticipating decent gains in the EUR/GBP pair in a 9-12 month view. "
More news about EUR/GBP (EURGBP).
