Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.000
Neutral
RSI(14)
48.406
Neutral
STOCH(KDJ)(9,3,3)
45.051
Neutral
ATR(14)
0.002
Low Volatility
CCI(14)
-12.594
Neutral
Williams %R
60.773
Sell
TRIX(12,20)
0.005
Sell
StochRSI(14)
0.000
Oversold
Search
EUR/GBP
Add to Watchlist
0.855
+0.000+0.01%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.01%
5 Days
+0.05%
1 Month
+0.24%
6 Months
-1.97%
Year to Date
-1.86%
1 Year
-1.22%
Key Data Points
Opening Price
0.855Previous Closing Price
0.855Recent
Analysis
Euro remains flat with Sterling despite upbeat German data
EUR/GBP traded around 0.8560 on Tuesday, little changed, as a run of stronger German data failed to give the Euro (EUR) a clear lift against a resilient Pound. The pair remains pinned near its 20 and 100-period Simple Moving Averages (SMA), with neither side able to force a break.
Fxstreet5 hours ago
Eurozone: AfD surge raises policy uncertainty – ING
Carsten Brzeski of ING underscores that the AfD’s rise to Germany’s largest party in polls introduces significant uncertainty for Eurozone policy.
Fxstreet7 hours ago
British Pound: Range trading outlook against Euro – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses the British Pound's (GBP) recent performance, noting it is currently the top G10 currency on a 1‑day view but only middling over longer horizons.
Fxstreet10 hours ago
British Pound: Dovish repricing points to weakness against Euro – ING
ING’s Francesco Pesole observes EUR/GBP has slipped back to the 0.8550-0.8560 area as the earlier Euro premium fades and bond market calm returns.
Fxstreet12 hours ago
Euro remains depressed against British Pound despite upbeat German GDP figures
The Euro (EUR) extends losses for the fourth consecutive day against the British Pound (GBP) on Tuesday, testing weekly lows in the 0.8550 area despite the upward revision to German Q2 Gross Domestic Product (GDP) earlier in the day.
Fxstreet15 hours ago
EUR/GBP Price Forecast: Bears remain in control with 0.8550 support area on focus
The Euro (EUR) extends losses as the British Pound (GBP) seems to be coping better with the moderate risk-off mood amid growing tensions between the US and Iran, as Washington pledged an “economic D-Day” on the Islamic Republic.
FxstreetMon, Aug 24
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
0.856
Sell
MA10
0.855
Sell
MA20
0.856
Sell
MA50
0.856
Sell
MA100
0.861
Sell
MA200
0.866
Sell
EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 0.8566 is resistance, with 0.8547 and 0.8542 as targets
Alternative scenario
above 0.8566, look for 0.8574 and 0.8579.
Comment
The downside prevails as long as 0.8566 is resistance, with 0.8547 and 0.8542 as targets
3 hours ago
Source: Trading Central(Reference Only)
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.
Related Instruments
Popular Instruments
