0.848
Today
-0.01%
5 Days
-1.35%
1 Month
-1.21%
6 Months
-2.59%
Year to Date
-2.64%
1 Year
-2.51%
Opening Price
0.848Previous Closing Price
0.849
The upside prevails as long as 0.8476 is support, with 0.8498 and 0.8503 as targets
below 0.8476, expect 0.8467 and 0.8461.
The upside prevails as long as 0.8476 is support, with 0.8498 and 0.8503 as targets
EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around 0.8478, down 0.24% on the day, after touching an intraday low of 0.8458.
Rabobank's Senior FX Strategist Jane Foley discusses EUR/GBP in light of divergent fiscal and political risks in Europe and the United Kingdom (UK).
The EUR/GBP cross attracts sellers for the seventh straight day and drops back closer to the year-to-date low, around the 0.8460-0.8455 region, at the start of a new week.
The EUR/GBP cross attracts some sellers to around 0.8475 during the early European trading hours on Monday. The Euro (EUR) softens against the British Pound (GBP) as fiscal concerns in France in the wake of a steep bond market rout stoke contagion fears in the Eurozone.
The Euro (EUR) reverses previous daily gains against the British Pound (GBP) on Friday, diving to fresh two-and-a-half-month lows just above 0.8500, and is set to show a more than 1% weekly decline.
The Euro (EUR) edges lower against the British Pound (GBP) on Friday, set to complete its worst weekly performance in four months with a 1% sell-off, hammered by high Oil prices and mounting concerns about France’s fiscal health.
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.
