Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Neutral
RSI(14)
45.420
Neutral
STOCH(KDJ)(9,3,3)
19.524
Neutral
ATR(14)
0.004
Low Volatility
CCI(14)
-96.479
Neutral
Williams %R
78.796
Sell
TRIX(12,20)
-0.007
Sell
StochRSI(14)
31.123
Buy
EUR/GBP
EURGBP
View Detailed Chart
0.875USD
+0.001+0.16%
Time
1m
15m
30m
1h
4h
D
W
D
Today
+0.16%
5 Days
-0.05%
1 Month
-0.43%
6 Months
+3.91%
Year to Date
+5.73%
1 Year
+5.49%
View Detailed Chart
Key Data Points
Opening Price
0.872Previous Closing Price
0.873Indicators
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
0.875
Sell
MA10
0.876
Sell
MA20
0.878
Sell
MA50
0.875
Sell
MA100
0.871
Buy
MA200
0.860
Buy
EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 0.8725, expect 0.8710 and 0.8701.
Comment
the upside prevails as long as 0.8725 is support
4 hours ago
Source: Trading Central(Reference Only)
EUR/GBP News
EUR/GBP strengthens to near 0.8750 on upbeat German Industrial Production data
The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data.
Fxstreet2 hours ago
EUR/GBP Price Forecast: Sellers dominate as momentum turns decisively bearish
EUR/GBP remains under pressure on Friday as the Euro (EUR) continues to soften against a broadly supported British Pound (GBP). Sterling has held firm since the UK Autumn Budget, even as markets maintain strong expectations for a Bank of England (BoE) interest rate cut at the December 18 meeting.
FxstreetFri, Dec 5
GBP holds steady amid quiet trading – Scotiabank
The Pound Sterling (GBP) trades little changed in subdued market conditions, with sentiment influenced by broader currency trends.
FxstreetFri, Dec 5
EUR/GBP trades flat above 0.8700 amid BoE rate cut speculation
The EUR/GBP cross trades on a flat note near 0.8735 during the early European session on Friday. Concerns over UK tax hikes and a dovish stance from the Bank of England (BoE) could exert downward pressure on the Pound Sterling.
FxstreetFri, Dec 5
EUR gains as Germany pension reform set to pass – Rabobank
Germany’s pension reform looks set to pass after Die Linke signals abstention, giving Euro (EUR) a temporary boost against the Pound Sterling (GBP).
FxstreetThu, Dec 4
EUR/GBP Price Forecast: Euro bounces from 0.8737 lows with bears still in control
The Euro is picking up from five-week lows near 0.8735 on Thursday, as the Pound loses steam, following Wednesday’s rally. The pair, however, maintains its bearish trend intact, with technical indicators pointing lower and investors upbeat about the details of the UK budget.
FxstreetThu, Dec 4
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.
