EUR/GBP Bearish Momentum With A 2% Slide In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 2.03% for the last 10 sessions. At 01:09 EST on Wednesday, 6 December, EUR/GBP (EURGBP) is $0.86.

EUR/GBP’s yearly highs and lows, it’s 0.918% up from its 52-week low and 4.522% 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 0.32%, a negative 0.08%, and a positive 0.20%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.32% (last week), 0.23% (last month), and 0.20% (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 sees meager rebound from 0.8560 as euro gets a reprieve from selling pressure. According to FXStreet on Monday, 4 December, "The EUR/GBP remains mostly flat on the day, with the majority of the pair’s gains coming at the very start of the new trading week’s opening session, but any news is good news for the Euro which has seen two weeks of rapid declines against the Pound Sterling.", "The EUR/GBP is seeing a welcome break from ongoing Euro (EUR) selling, rebounding a modest two-tenths of a percent against the Pound Sterling (GBP) on Monday."

More news about EUR/GBP (EURGBP).

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