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EUR/GBP

EURGBP
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0.857

-0.000-0.03%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.03%

5 Days

+0.02%

1 Month

+0.04%

6 Months

-1.15%

Year to Date

-1.60%

1 Year

-1.69%

Key Data Points

Opening Price

0.857

Previous Closing Price

0.858
Price Range of the Day
0.8570.858
52-Week Price Range
0.8450.886

EUR/GBP Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 0.8590 is resistance, with 0.8568 and 0.8562 as targets

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
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%.

Fxstreet8 hours ago
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.

Fxstreet11 hours ago
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.

Fxstreet14 hours ago
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
Euro holds form against British Pound amid strong Eurozone data, hawkish BoE comments

The Euro (EUR) holds gains against the British Pound (GBP) on Thursday, as the EUR/GBP flirts with the 0.8600 area, just below three-month highs, at 0.8607, following a 0.3% appreciation so far this week.

FxstreetThu, Sep 24

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(8)
Neutral(3)
Buy(2)
Indicators
Sell(3)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.000
Buy
RSI(14)
50.075
Neutral
STOCH(KDJ)(9,3,3)
59.151
Sell
ATR(14)
0.002
High Vlolatility
CCI(14)
-0.189
Neutral
Williams %R
54.618
Neutral
TRIX(12,20)
0.010
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
0.859
Sell
MA10
0.858
Sell
MA20
0.858
Sell
MA50
0.857
Buy
MA100
0.859
Sell
MA200
0.864
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.

EUR/GBP

0.857
-0.000-0.03%
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