EUR/GBP Bullish Momentum: 0.831% Up In The Last 24 Hours

(VIANEWS) – EUR/GBP (EURGBP) has been up by 0.8314% for the last session’s close. At 09:08 EST on Tuesday, 21 March, EUR/GBP (EURGBP) is $0.88.

EUR/GBP (EURGBP) Range

Regarding EUR/GBP’s daily highs and lows, it’s 0.871% up from its trailing 24 hours low of $0.87 and 0.433% up from its trailing 24 hours high of $0.88.

EUR/GBP’s yearly highs and lows, it’s 6.714% up from its 52-week low and 4.667% 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 negative 0.07%, and a positive 0.32%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.23% (last week), 0.32% (last month), and 0.32% (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 stays pressured around mid-0.8700s as boe decision, speech from ecb’s lagarde loom. According to FXStreet on Monday, 20 March, "Market sentiment improved earlier in the day and allowed the EUR/GBP pair to remain on the bear’s radar. ", "A clear downside break of convergence of the 100-DMA and a three-month-old ascending trend line, around 0.8775 by the press time, directs EUR/GBP bears towards the monthly low surrounding 0.8720 at the latest."
  • Eur/gbp set to rebound towards 0.88 – ING. According to FXStreet on Monday, 20 March, "However, economists at ING expect the EUR/GBP pair to bounce back higher toward 0.88.", "Given GBP is generally more sensitive to risk sentiment than the euro, and the UK banking sector is coming under scrutiny this morning, we see risks of a EUR/GBP rebound back above 0.8800 today."

More news about EUR/GBP (EURGBP).

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