0.867USD
Today
+0.17%
5 Days
+0.26%
1 Month
+0.20%
6 Months
-0.97%
Year to Date
-0.50%
1 Year
+3.43%
Opening Price
0.866Previous Closing Price
0.866The 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.
The price could retrace.
below 0.8654, expect 0.8643 and 0.8636.
as long as 0.8654 is support look for 0.8687
ING’s Francesco Pesole argues that the Pound has largely priced out recent UK political risk, with the EUR/GBP political risk premium, estimated at about 1% in mid-May, now back to zero.
Rabobank’s Senior FX Strategist Jane Foley highlights that the Pound has underperformed in G10 in May, linking weakness to UK political uncertainty following local elections and ongoing questions over Labour leadership.
The Euro (EUR) is trading flat against the British Pound (GBP) on Thursday. EUR/GBP bulls are struggling to find acceptance above 0.8660 following a 0.4% rally over the previous two days, although downside attempts remain contained above 0.8655 so far.
The EUR/GBP cross trades with mild gains near 0.8650 during the early European trading hours on Wednesday. Hawkish comments from the European Central Bank (ECB) policymakers provide some support to the Euro (EUR) against the British Pound (GBP).
The Euro (EUR) is trading higher against the British Pound (GBP) on Tuesday, trimming losses after depreciating more than 1% in a bit more than a week.
Societe Generale’s Kenneth Broux highlights that EUR/GBP is trading within a Head and Shoulders pattern, implying potential downside if key levels give way.
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