Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Neutral
RSI(14)
47.734
Neutral
STOCH(KDJ)(9,3,3)
27.061
Sell
ATR(14)
0.002
Low Volatility
CCI(14)
-55.422
Neutral
Williams %R
65.924
Sell
TRIX(12,20)
0.009
Sell
StochRSI(14)
3.068
Oversold
Search
EUR/GBP
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0.857
+0.000+0.01%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.01%
5 Days
-0.09%
1 Month
+0.17%
6 Months
-1.21%
Year to Date
-1.65%
1 Year
-1.82%
Key Data Points
Opening Price
0.857Previous Closing Price
0.857EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 0.8590 is resistance, with 0.8568 and 0.8562 as targets
Alternative scenario
above 0.8590, look for 0.8599 and 0.8604.
Comment
The downside prevails as long as 0.8590 is resistance, with 0.8568 and 0.8562 as targets
2 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Euro trades flat vs British Pound as markets weigh ECB and BoE policy paths
EUR/GBP trades little changed on Tuesday, remaining under pressure after buyers failed to break above 0.8660, a former multi-month support level that is now acting as resistance. At the time of writing, the cross trades around 0.8578.
Fxstreet13 hours ago
British Pound gains against the Euro as traders assess central bank signals
EUR/GBP edges lower on Monday as the British Pound attracts buyers after recent weakness, with hawkish remarks from Bank of England (BoE) Deputy Governor Dave Ramsden lending it further support. At the time of writing, the cross trades around 0.8564, down 0.40%.
FxstreetMon, Sep 28
EUR/GBP Price Forecast: Euro tests support at 0.8570 as Oil prices rally
The Euro (EUR) is dropping sharply against the British Pound (GBP) on Monday, with EUR/GBP bears testing support at the 0.8570 area, reversing last week's gains in a day following rejection at the 0.8610 resistance area.
FxstreetMon, Sep 28
EUR/GBP Price Forecast: Fails at 0.8610 amid higher Oil prices, BoE hawkishness
The Euro (EUR) has failed to break the 0.8610 resistance level against the British Pound on Monday, sending the EUR/GBP pair back to session lows at 0.8690 at the time of writing.
FxstreetMon, Sep 28
EUR/GBP Price Forecast: Bulls challenge 0.8600 resistance after weeks of consolidation
EUR/GBP trades flat around 0.8600 on Friday and is heading for a weekly gain as the Bank of England’s (BoE) wait-and-see stance weighs on the British Pound (GBP). The BoE has remained on hold so far this year, leaving its benchmark rate unchanged at 3.75% at last week’s meeting.
FxstreetFri, Sep 25
Euro hovers near three-month highs against British Pound despite weak German data
The Euro (EUR) remains practically flat, just below three-month highs against the British Pound (GBP) on Friday, despite the downbeat German consumer confidence data released earlier in the day.
FxstreetFri, Sep 25
Indicators
The 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.
Sell
Moving Average
Indicators
Value
Direction
MA5
0.859
Sell
MA10
0.858
Sell
MA20
0.858
Sell
MA50
0.857
Buy
MA100
0.859
Sell
MA200
0.863
Sell
About EUR/GBP
What is the best time to trade the EURGBP pair?
The EUR/GBP pair can be traded anytime during the forex market's operating hours, but certain periods may offer better conditions. The optimal time is typically when the London and Frankfurt sessions overlap, providing the highest liquidity and volatility. This usually occurs from 8:00 AM to 4:00 PM GMT. However, it's crucial for traders to consider their own strategies and risk tolerance when deciding the best times to trade.
How does the leverage affect trading EURGBP?
Leverage allows traders to control a larger position size than their account balance would normally permit. While leverage can amplify profits, it also increases the risk of losses. When trading EURGBP, it’s important to understand the leverage offered by your broker and to use it responsibly to avoid excessive risk.
Is the EURGBP pair suitable for day trading?
Yes, the EURGBP pair is suitable for day trading due to its liquidity and volatility, which can provide multiple trading opportunities within a single trading day.
