EUR/GBP: positioning +1.1%

On 2026-08-05, EUR/GBP closed at 0.85735, up 0.05% on the day. It trades at 26.6% of its 52-week range. Its RSI(14) of 54.46 is in the 67th percentile of its history since 1999, and its 20-day return of +0.37% in the 60th percentile. Leveraged-money positioning is net +1.1% of open interest, at 100% of its own two-year positioning range. Its 20/50/200-day moving averages are 0.85337 / 0.85888 / 0.86792, with price +0.47% / -0.18% / -1.22% against them. Its 52-week range is 0.8468–0.88653; it closed 3.29% below the high and 1.25% above the low. Its 20-day volatility is 0.217% daily, in the 4th percentile of its history since 1999. Its 14-day average true range (ATR) is 0.00282 (28.2 pips), 0.33% of price. It has returned +0.05% over 5 days and -1.09% over 60 days.

=== EUR/GBP  (pip 0.0001) ===
  >> close 0.85735  +0.046%   · positioning net%OI +1.1% (near top of own 135w range (band tops at +1.1%))
  price & change   (as of 2026-08-05, prior 2026-08-04)
    close       0.85735
    change      +0.00039  (+0.046%, +3.9 pips)
    gap         +0.00039  (+3.9 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-08-05)
    range       0.00115  (11.5 pips)
    close pos   60.0% of range
  moving averages  (as of 2026-08-05)
     20d MA     0.85337   price above by +0.47%
     50d MA     0.85888   price below by -0.18%
    200d MA     0.86792   price below by -1.22%
    price mixed vs MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-08-05)
    20d stdev   0.217% daily ≈ 3.4% annualized (×√252)   (4th pct of own history, since 1999 (7155 obs))
    vs easing-2024 avg  0.81× (0.217% vs 0.269% era avg)
  ATR              (as of 2026-08-05)
    ATR(14)    0.00282  (28.2 pips)
    ATR%        0.33%   (1st pct of own history, since 1999 (7161 obs))
    range/ATR   40.8%
  52-week range    (as of 2026-08-05)
    high        0.88653   (-3.29% from high)
    low         0.84680   (+1.25% from low)
  momentum         (as of 2026-08-05)
    RSI(14)     54.46   (67th pct of own history, since 1999 (7161 obs))
  returns          (as of 2026-08-05)
     5d return  +0.05%
    20d return  +0.37%
    60d return  -1.09%
  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      0.2686%
  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  (36 days)
    GBP (BOE_BANK_RATE)   3.75%  (as of 2026-08-04, official Bank Rate)
    next BoE              2026-09-17  (43 days)
    differential    -1.50%  (base−quote)
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-08-05)
    vs DXY      -0.03
    vs S&P 500  +0.27
    vs DXY beta -0.01 (26w)