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EUR/GBP

EURGBP
Market is Closed
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0.87665GBP

-0.00278-0.32%
Time
1m
15m
30m
1h
4h
D
W
Please select

Today

-0.32%

5 Days

+0.57%

1 Month

+0.71%

6 Months

+3.11%

Year to Date

+6.06%

1 Year

+4.75%

View Detailed Chart

Key Data Points

Opening Price

0.87933

Previous Closing Price

0.87943
Price Range of the Day
0.876650.88172
52-Week Price Range
0.000000.87665

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
Buy
Sell(2)
Neutral(2)
Buy(9)
Indicators
Sell(2)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
61.379
Neutral
STOCH(KDJ)(9,3,3)
74.784
Neutral
ATR(14)
0.004
Low Volatility
CCI(14)
109.956
Buy
Williams %R
33.160
Buy
TRIX(12,20)
0.027
Sell
StochRSI(14)
18.236
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
0.877
Buy
MA10
0.874
Buy
MA20
0.871
Buy
MA50
0.869
Buy
MA100
0.866
Buy
MA200
0.854
Buy

EUR/GBP Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 0.8785, look for 0.8797 and 0.8805.

Comment

the downside prevails as long as 0.8785 is resistance

Fri, Oct 31
Source: Trading Central(Reference Only)

EUR/GBP News

EUR/GBP reverts early gains as ECB holds rates, UK fiscal woes pressure

EUR/GBP trades slightly lower on Friday, around 0.8780 at the time of writing, down 0.13% on the day, reverting early daily gains, but maintaining a solid weekly uptrend of about 0.60%.

FxstreetFri, Oct 31
EUR/GBP trades slightly lower on Friday, around 0.8780 at the time of writing, down 0.13% on the day, reverting early daily gains, but maintaining a solid weekly uptrend of about 0.60%.

GBP: A surprise Reeves resignation would be bad for markets – ING

Markets have largely priced in Chancellor Reeves’ expected mix of tax hikes and fiscal restraint, pushing gilt yields and the pound lower. While political noise around her rental license lapse briefly weighed on sentiment, PM Starmer’s backing eased concerns.

FxstreetFri, Oct 31
Markets have largely priced in Chancellor Reeves’ expected mix of tax hikes and fiscal restraint, pushing gilt yields and the pound lower. While political noise around her rental license lapse briefly weighed on sentiment, PM Starmer’s backing eased concerns.

EUR/GBP Price Forecast: Euro consolidaties gains around 0.8800

The Euro appreciates for the fourth consecutive day against a weaker Pound, with price action showing consolidation around the 0.8800 area on Friday's early European session, on track for a 0.8% weekly rally.

FxstreetFri, Oct 31
The Euro appreciates for the fourth consecutive day against a weaker Pound, with price action showing consolidation around the 0.8800 area on Friday's early European session, on track for a 0.8% weekly rally.

EUR/GBP holds firm as ECB decision contrasts with UK economic challenges

The EUR/GBP pair trades around 0.8800 on Thursday at the time of writing, consolidating near its highest level since May 2023, after the European Central Bank (ECB) decided to leave interest rates unchanged.

FxstreetThu, Oct 30
The EUR/GBP pair trades around 0.8800 on Thursday at the time of writing, consolidating near its highest level since May 2023, after the European Central Bank (ECB) decided to leave interest rates unchanged.

EUR/GBP hits two-year high as Eurozone GDP surprises, Pound under pressure

The EUR/GBP pair trades around 0.8810 on Thursday at the time of writing, up 0.20% on the day and hovering near its highest level in more than two years, as traders brace for the European Central Bank (ECB) monetary policy announcement later in the day.

FxstreetThu, Oct 30
The EUR/GBP pair trades around 0.8810 on Thursday at the time of writing, up 0.20% on the day and hovering near its highest level in more than two years, as traders brace for the European Central Bank (ECB) monetary policy announcement later in the day.

EUR/GBP rises above 0.8800 as UK fiscal, inflation concerns weigh

EUR/GBP rises by 0.30% on Wednesday, trading around 0.8805 at the time of writing, reaching its highest level since May 2024. The pair benefits from renewed demand for the Euro (EUR) as investors brace for the European Central Bank (ECB) policy decision due Thursday.

FxstreetWed, Oct 29
EUR/GBP rises by 0.30% on Wednesday, trading around 0.8805 at the time of writing, reaching its highest level since May 2024. The pair benefits from renewed demand for the Euro (EUR) as investors brace for the European Central Bank (ECB) policy decision due Thursday.

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.

EUR/GBP

0.87665
-0.00278-0.32%
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