Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Neutral
RSI(14)
51.581
Neutral
STOCH(KDJ)(9,3,3)
36.041
Neutral
ATR(14)
0.002
Low Volatility
CCI(14)
-40.698
Neutral
Williams %R
57.778
Sell
TRIX(12,20)
0.011
Sell
StochRSI(14)
50.320
Buy
Search
EUR/GBP
Add to Watchlist
0.857
+0.001+0.13%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.12%
5 Days
-0.13%
1 Month
+0.31%
6 Months
-0.67%
Year to Date
-1.63%
1 Year
-0.88%
Key Data Points
Opening Price
0.856Previous Closing Price
0.856EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The upside prevails as long as 0.8563 is support, with 0.8583 and 0.8587 as targets
Alternative scenario
below 0.8563, expect 0.8555 and 0.8550.
Comment
The upside prevails as long as 0.8563 is support, with 0.8583 and 0.8587 as targets
8 hours ago
Source: Trading Central(Reference Only)
British Pound: Sterling stability challenged by narrowing carry – Deutsche Bank
Deutsche Bank’s Shreyas Gopal notes that Bank of England (BoE) meetings have repeatedly seen early market speculation on tightening fade as decisions approach, keeping the Pound stable and EUR/GBP in a narrow range.
Fxstreet6 hours ago
British Pound extends losses against Euro with BoE decision in focus
EUR/GBP extends its recovery on Wednesday after bouncing from the 50-day Simple Moving Average (SMA) at 0.8555 on Monday, its lowest level in two weeks.
Fxstreet6 hours ago
Euro ticks higher against British Pound following UK CPI data
The Euro (EUR) edged up against a softer British Pound (GBP) after UK Consumer Prices Index (CPI) data revealed that inflation grew in line with market expectations in August.
Fxstreet12 hours ago
Euro stays neutral against Pound ahead of UK inflation data
EUR/GBP trades in the mid-0.8500s, unable to reclaim the 0.8600 barrier on Tuesday as the Euro (EUR) has struggled even after the European Central Bank (ECB) raised its three key rates by 25 basis points (bps) on September 10, lifting the deposit rate to 2.50%.
FxstreetTue, Sep 15
British Pound: Uptrend sustainability questioned versus Euro – ING
ING’s Francesco Pesole notes the Pound has been resilient against the Dollar and EUR/GBP has fallen about 0.5% since Friday, partly on positioning ahead of the Bank of England meeting.
FxstreetTue, Sep 15
Euro trims some losses as British Pound falls following UK employment data
The Euro (EUR) posts minor gains on Tuesday as the British Pound (GBP) falls after mixed UK employment data.
FxstreetTue, Sep 15
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.
Neutral
Moving Average
Indicators
Value
Direction
MA5
0.857
Buy
MA10
0.858
Sell
MA20
0.857
Buy
MA50
0.855
Buy
MA100
0.859
Sell
MA200
0.864
Sell
More Details of EUR/GBP
The EURGBP, or Euro against the British Pound, is a popular currency pair in the forex market that represents the value of the Euro (EUR) in terms of the British Pound (GBP). It is one of the major currency pairs and is known for its high liquidity and volatility, making it a favorite among traders for its trading opportunities. The relationship between the Eurozone and the United Kingdom, especially post-Brexit, continues to be a significant factor affecting the EURGBP exchange rate.
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.
