Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.000
Buy
RSI(14)
54.615
Neutral
STOCH(KDJ)(9,3,3)
56.603
Neutral
ATR(14)
0.002
High Vlolatility
CCI(14)
53.421
Neutral
Williams %R
41.424
Buy
TRIX(12,20)
0.017
Sell
StochRSI(14)
0.000
Sell
Search
EUR/GBP
Add to Watchlist
0.858
-0.001-0.11%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.11%
5 Days
-0.14%
1 Month
+0.44%
6 Months
-0.81%
Year to Date
-1.52%
1 Year
-0.71%
Key Data Points
Opening Price
0.859Previous Closing Price
0.859EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The configuration is negative.
Alternative scenario
above 0.8593, look for 0.8602 and 0.8607.
Comment
The downside prevails as long as 0.8593 is resistance, with 0.8572 and 0.8567 as targets
17 minutes ago
Source: Trading Central(Reference Only)
Recent
Analysis
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.
Fxstreet3 hours ago
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.
Fxstreet5 hours ago
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.
Fxstreet21 hours ago
Euro wavers around 0.8590 against British Pound with all eyes on the ECB
The Euro (EUR) is trading sideways in a 15-pip range, roughly between 0.8580 and 0.8595 against the British Pound (GBP) on Thursday.
FxstreetThu, Sep 10
EUR/GBP Price Forecast: Upside remains capped near 0.8600 as ECB decision looms
EUR/GBP trades in a narrow range on Wednesday as buyers struggle to extend Tuesday’s rebound. The 100-period Simple Moving Average (SMA) at 0.8599 limits the immediate upside, although momentum indicators retain a modest bullish bias.
FxstreetWed, Sep 9
Euro remains steady against British Pound Gains due to ECB rate hike bets
EUR/GBP remains steady after experiencing volatility, hovering around 0.8580 during European hours on Wednesday. However, the currency cross may gain ground as the Euro (EUR) could receive support ahead of the looming European Central Bank (ECB) monetary policy decision.
FxstreetWed, Sep 9
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
0.858
Sell
MA10
0.858
Sell
MA20
0.857
Buy
MA50
0.855
Buy
MA100
0.860
Sell
MA200
0.865
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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