0.872USD
Today
+0.20%
5 Days
+0.92%
1 Month
+0.27%
6 Months
-1.05%
Year to Date
+0.08%
1 Year
+3.78%
Opening Price
0.871Previous Closing Price
0.870The 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 0.8714, expect 0.8703 and 0.8697.
the upside prevails as long as 0.8714 is support
EUR/GBP climbs to near one-month highs on Friday as rising political uncertainty in the United Kingdom pressures the British Pound (GBP). At the time of writing, the cross is trading around 0.8726, on track for weekly gains.
Deutsche Bank’s Shreyas Gopal reiterates a long EUR/GBP stance after United Kingdom (UK) local elections, arguing that UK political uncertainty is likely to persist through summer.
The Euro (EUR) rallies for the second consecutive day against an ailing British Pound (GBP) on Friday, crushed by growing political uncertainty in the UK.
Commerzbank’s Michael Pfister highlights mounting political turmoil in the United Kingdom (UK), with resignations and leadership speculation tightening pressure on Prime Minister Keir Starmer. He sees rising uncertainty over future fiscal policy as negative for the Pound (GBP).
MUFG’s Lee Hardman explains that the Pound (GBP) is softer despite stronger-than-expected United Kingdom (UK) Gross Domestic Product (GDP), as markets anticipate slower growth later in the year due to the energy price shock.
EUR/GBP trades choppy on Thursday, with the British Pound (GBP) modestly outperforming the Euro (EUR) on the back of resilient UK economic data, while traders also assess growing political noise in the United Kingdom.
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