EUR/GBP Jumps By 1% In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.01% for the last 10 sessions. At 20:07 EST on Thursday, 29 June, EUR/GBP (EURGBP) is $0.86.

EUR/GBP’s yearly highs and lows, it’s 3.285% up from its 52-week low and 6.735% 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 positive 0.04%, a negative 0.04%, and a positive 0.24%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.26% (last week), 0.26% (last month), and 0.24% (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 price analysis: portrays inverted h&s as speeches from boe’s bailey, ecb’s lagarde loom. According to FXStreet on Wednesday, 28 June, "In a case where the EUR/GBP breaks the 0.8520 level, a quick fall toward the 0.8500 threshold can’t be ruled out.", "Following that, the late May swing high of around 0.8720 may prod the EUR/GBP bulls during the run-up aiming for the theoretical target of the inverse H&S, namely around 0.8730."
  • Gbp/usd might find some support near 1.2600, eur/gbp could easily drift back under 0.8600 – ING. According to FXStreet on Thursday, 29 June, "Until then GBP/USD might find some support near 1.2600 and EUR/GBP could easily drift back under 0.8600."

More news about EUR/GBP (EURGBP).

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