0.865USD
Today
+0.02%
5 Days
-0.07%
1 Month
-0.75%
6 Months
-1.56%
Year to Date
-0.72%
1 Year
+1.83%
Opening Price
0.865Previous Closing Price
0.865The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

The configuration is positive.
below 0.8641, expect 0.8629 and 0.8622.
the upside prevails as long as 0.8641 is support
EUR/GBP trades flat on Thursday as traders remain cautious ahead of the UK local election results, while also assessing the prospects of a possible US-Iran deal aimed at ending the war in the Middle East.

The Euro (EUR) has found some support in the 0.8620 area against the British Pound (GBP), but upside attempts remain capped below a previous support area at 0.8650.

EUR/GBP trades flat on Wednesday after trimming earlier gains as geopolitical headlines surrounding a potential US-Iran peace deal triggered fresh volatility across the FX market.

Rabobank’s FX Strategy team argues that current market pricing for up to three Bank of England hikes over the next year is excessive given a loosening UK labour market and lacklustre growth.

The EUR/GBP cross trades on a flat note near 0.8635 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the upcoming UK local elections on Thursday.

Commerzbank’s Michael Pfister argues that recent strength in the Pound (GBP) is unlikely to last, as ambitious Bank of England (BoE) rate expectations and renewed political risks weigh on the outlook.

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