EUR/GBP: positioning +1.9%

On 2026-08-10, EUR/GBP closed at 0.8566, up 0.01% on the day. It trades at 24.7% of its 52-week range. Its RSI(14) of 51.62 is in the 58th percentile of its history since 1999, and its 20-day return of +0.55% in the 64th percentile. Leveraged-money positioning is net +1.9% of open interest, at 100% of its own two-year positioning range. Its 20/50/200-day moving averages are 0.85409 / 0.85833 / 0.86762, with price +0.29% / -0.20% / -1.27% against them. Its 52-week range is 0.8468–0.88653; it closed 3.38% below the high and 1.16% above the low. Its 20-day volatility is 0.215% daily, in the 4th percentile of its history since 1999. Its 14-day average true range (ATR) is 0.00272 (27.2 pips), 0.32% of price. It has returned +0.11% over 5 days and -1.83% over 60 days.

=== EUR/GBP  (pip 0.0001) ===
  >> close 0.85660  +0.014%   · positioning net%OI +1.9% (near top of own 136w range (band tops at +1.9%))
  price & change   (as of 2026-08-10, prior 2026-08-07)
    close       0.85660
    change      +0.00012  (+0.014%, +1.2 pips)
    gap         +0.00017  (+1.7 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-08-10)
    range       0.00315  (31.5 pips)
    close pos   93.3% of range
  moving averages  (as of 2026-08-10)
     20d MA     0.85409   price above by +0.29%
     50d MA     0.85833   price below by -0.20%
    200d MA     0.86762   price below by -1.27%
    price mixed vs MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-08-10)
    20d stdev   0.215% daily ≈ 3.4% annualized (×√252)   (4th pct of own history, since 1999 (7158 obs))
    vs easing-2024 avg  0.80× (0.215% vs 0.268% era avg)
  ATR              (as of 2026-08-10)
    ATR(14)    0.00272  (27.2 pips)
    ATR%        0.32%   (0th pct of own history, since 1999 (7164 obs))
    range/ATR   115.7%
  52-week range    (as of 2026-08-10)
    high        0.88653   (-3.38% from high)
    low         0.84680   (+1.16% from low)
  momentum         (as of 2026-08-10)
    RSI(14)     51.62   (58th pct of own history, since 1999 (7164 obs))
  returns          (as of 2026-08-10)
     5d return  +0.11%
    20d return  +0.55%
    60d return  -1.83%
  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      0.2681%
  positioning      (as of 2026-08-04)
    next COT     as of 2026-08-11 (released ~that Fri, later if a holiday intervenes)
    net         +758 contracts (net long EUR/GBP)
    source      standalone EUR/GBP cross future (own OI, not EUR/GBP majors)
    net % OI    +1.9%
    net%OI range -53.5% … +1.9% (own 136w)
    w/w change  +305
  rate differential (EUR–GBP policy)
    EUR (ECB_DFR)         2.25%  (set 2026-06-17, deposit-facility floor)
    next ECB              2026-09-10  (31 days)
    GBP (BOE_BANK_RATE)   3.75%  (as of 2026-08-07, official Bank Rate)
    next BoE              2026-09-17  (38 days)
    differential    -1.50%  (base−quote)
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-08-10)
    vs DXY      -0.01
    vs S&P 500  +0.27
    vs DXY beta -0.01 (26w)