(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.73% for the last 21 sessions. At 10:09 EST on Saturday, 3 December, EUR/GBP (EURGBP) is $0.86.

EUR/GBP’s yearly highs and lows, it’s 4.534% up from its 52-week low and 7.146% down from its 52-week high.

Volatility

EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was 0.08%, 0.02%, and 0.66%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.35% (last week), 0.47% (last month), and 0.66% (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 drops to fresh weekly low, holds just above 0.8575-0.8570 strong support. According to FXStreet on Thursday, 1 December, "This is seen as another factor exerting some downward pressure on the EUR/GBP cross. ", "Apart from this, a bleak outlook for the UK economy should limit the downside for the EUR/GBP cross, at least for the time being."
  • Eur/gbp sticks to intraday recovery gains around 0.8600, lacks bullish conviction. According to FXStreet on Friday, 2 December, "The combination of aforementioned factors might keep a lid on any meaningful recovery move for the EUR/GBP cross, at least for the time being, warranting some caution for aggressive bullish traders.", "The shared currency draws some support from European Central Bank President Christine Lagarde’s remarks earlier this Friday, which, in turn, acts as a tailwind for the EUR/GBP cross. "

More news about EUR/GBP (EURGBP).