EUR/GBP: positioning +1.1% (100th pct)

On 2026-07-31, EUR/GBP closed at 0.85602, down 0.21% on the day. It trades at 23.2% of its 52-week range. Its RSI(14) of 50.88 is in the 55th percentile of its history since 1999, and its 20-day return of -0.01% in the 51st percentile. Leveraged-money positioning is net +1.1% of open interest, in the 100th percentile of its own two-year range. Its 20/50/200-day moving averages are 0.85312 / 0.85929 / 0.86814, with price +0.34% / -0.38% / -1.40% against them. Its 52-week range is 0.8468–0.88653; it closed 3.44% below the high and 1.09% above the low. Its 20-day volatility is 0.223% daily, in the 5th percentile of its history since 1999. Its 14-day average true range (ATR) is 0.00315 (31.5 pips), 0.37% of price. It has returned +0.17% over 5 days and -1.08% over 60 days.

=== EUR/GBP  (pip 0.0001) ===
  >> close 0.85602  -0.211%   · positioning net%OI +1.1% (100th pct — near top of own 135w range (band tops at +1.1%))
  price & change   (as of 2026-07-31, prior 2026-07-30)
    close       0.85602
    change      -0.00181  (-0.211%, -18.1 pips)
    gap         -0.00177  (-17.7 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-31)
    range       0.00225  (22.5 pips)
    close pos   77.3% of range
  moving averages  (as of 2026-07-31)
     20d MA     0.85312   price above by +0.34%
     50d MA     0.85929   price below by -0.38%
    200d MA     0.86814   price below by -1.40%
    price mixed vs MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-07-31)
    20d stdev   0.223% daily ≈ 3.5% annualized (×√252)   (5th pct of own history, since 1999 (7152 obs))
    vs easing-2024 avg  0.83× (0.223% vs 0.269% era avg)
  ATR              (as of 2026-07-31)
    ATR(14)    0.00315  (31.5 pips)
    ATR%        0.37%   (2nd pct of own history, since 1999 (7158 obs))
    range/ATR   71.5%
  52-week range    (as of 2026-07-31)
    high        0.88653   (-3.44% from high)
    low         0.84680   (+1.09% from low)
  momentum         (as of 2026-07-31)
    RSI(14)     50.88   (55th pct of own history, since 1999 (7158 obs))
  returns          (as of 2026-07-31)
     5d return  +0.17%
    20d return  -0.01%
    60d return  -1.08%
  volatility by rate-era
    pre-crisis       0.4968%   (from 1999-01-04)
    ZIRP-2009        0.5520%
    tightening-2015  0.5609%
    ZIRP-2019        0.4735%
    tightening-2022  0.8002%
    easing-2024      0.2691%
  positioning      (as of 2026-07-28)  (predates 2026-07-29 FOMC)
    next COT     as of 2026-08-04 (released ~that Fri, later if a holiday intervenes)
    net         +453 contracts (net long EUR/GBP)
    source      standalone EUR/GBP cross future (own OI, not EUR/GBP majors)
    net % OI    +1.1%
    net%OI range -53.5% … +1.1% (own 135w)
    w/w change  +607
  rate differential (EUR–GBP policy)
    EUR (ECB_DFR)         2.25%  (set 2026-06-17, deposit-facility floor)
    next ECB              2026-09-10  (41 days)
    GBP (BOE_BANK_RATE)   3.75%  (as of 2026-07-31, official Bank Rate)
    next BoE              2026-09-17  (48 days)
    differential    -1.50%  (base−quote)
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-31)
    vs DXY      +0.01
    vs S&P 500  +0.23
    vs DXY beta +0.01 (26w)