Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Neutral
RSI(14)
46.176
Neutral
STOCH(KDJ)(9,3,3)
30.367
Sell
ATR(14)
0.002
Low Volatility
CCI(14)
-98.649
Neutral
Williams %R
77.090
Sell
TRIX(12,20)
0.015
Sell
StochRSI(14)
0.000
Sell
Search
EUR/GBP
Add to Watchlist
0.856
-0.001-0.13%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.13%
5 Days
-0.32%
1 Month
+0.18%
6 Months
-0.80%
Year to Date
-1.76%
1 Year
-0.96%
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 0.8567 is resistance, with 0.8546 and 0.8541 as targets
Alternative scenario
above 0.8567, look for 0.8575 and 0.8580.
Comment
The downside prevails as long as 0.8567 is resistance, with 0.8546 and 0.8541 as targets
5 hours ago
Source: Trading Central(Reference Only)
Euro extends losses against British Pound amid high Oil prices and risk-off markets
The Euro (EUR) opened the week in the same weak tone it closed the last one, as the British Pound (GBP) got a boost from strong UK Gross Domestic Product (GDP) and Industrial Production data.
Fxstreet8 hours ago
ECB rate hike gives Euro little to work with as Pound holds firm
EUR/GBP is easing on Friday and slipping toward the 0.8580 area. The cross had pushed to the top of its recent range in the high 0.8590s before running out of steam.
FxstreetFri, Sep 11
EUR/GBP Price Forecast: Neutral bias holds as 0.8600 caps the upside
EUR/GBP edges lower on Friday, drifting toward the lower end of the range seen over the past week.
FxstreetFri, Sep 11
British Pound: Strong data clashes with dovish BoE view – ING
Francesco Pesole at ING argues that despite stronger United Kingdom (UK) Gross Domestic Product (GDP) data and resilient Sterling, the move in Gilts is largely externally driven and not about domestic fiscal fears.
FxstreetFri, Sep 11
Euro retreats from weekly highs against British Pound as UK data beats expectations
UK data released on Friday showed that Gross Domestic Product (GDP) rose 0.4% in July, above expectations of a flat reading and following a 0.3% rise in June.
FxstreetFri, Sep 11
Euro gains modestly against British Pound after ECB delivers widely expected hike
EUR/GBP trades with a modest positive bias on Thursday but stays within the narrow range that has been in place for more than a week.
FxstreetThu, Sep 10
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
0.858
Sell
MA10
0.858
Sell
MA20
0.857
Sell
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.
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