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EUR/GBP Bearish Momentum: 0.96% Down In The Last 10 Sessions

EUR/GBP Bearish Momentum: 0.96% Down In The Last 10 Sessions
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(VIANEWS) - EUR/GBP (EURGBP) has been up by 0.96% for the last 10 sessions. At 17:03 EST on Sunday, 30 April, EUR/GBP (EURGBP) is $0.88.

EUR/GBP's yearly highs and lows, it's 5.156% up from its 52-week low and 5.045% down from its 52-week high.

Volatility

EUR/GBP's last week, last month's, and last quarter's current intraday variation average was 0.02%, 0.02%, and 0.28%, respectively.

EUR/GBP's highest amplitude of average volatility was 0.18% (last week), 0.18% (last month), and 0.28% (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 flirts with 100-day sma, just above 0.8800 mark ahead of German CPI. According to FXStreet on Friday, 28 April, "The shared currency's relative underperformance could be attributed to the disappointing release of the preliminary German GDP report, which turns out to be a key factor weighing on the EUR/GBP cross. ", "This further contributes to the offered tone surrounding the EUR/GBP cross, though the prospects for more rate hikes by the European Central Bank (ECB) should help limit further losses, at least for the time being. "

More news about EUR/GBP (EURGBP).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.