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EUR/GBP

EURGBP
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0.857

+0.000+0.04%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.03%

5 Days

+0.24%

1 Month

+0.46%

6 Months

-2.03%

Year to Date

-1.64%

1 Year

-0.72%

Key Data Points

Opening Price

0.857

Previous Closing Price

0.857
Price Range of the Day
0.8560.857
52-Week Price Range
0.8450.886

Recent

Analysis

Euro firms against British Pound on hopes of a Hormuz deal

EUR/GBP is trading around 0.8570 on Wednesday, on the front foot as hopes of a de-escalation in the Gulf hand the Euro (EUR) a modest lift.

Fxstreet7 hours ago

Euro holds upper hand against British Pound on diverging ECB-BoE expectations

EUR/GBP edges higher on Wednesday, though price action remains confined to the narrow range that has been in place since late July, largely between 0.8540 and 0.8580.

Fxstreet11 hours ago

Euro wavers within range against British Pound with markets calm and little data

The Euro (EUR) edges up for the second consecutive day against the British Pound (GBP) on Wednesday, trading halfway within the monthly range.

Fxstreet16 hours ago

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.

FxstreetTue, Aug 25

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.

FxstreetTue, Aug 25

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.

FxstreetTue, Aug 25

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(3)
Neutral(4)
Buy(6)
Indicators
Sell(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
0.000
Neutral
RSI(14)
54.478
Neutral
STOCH(KDJ)(9,3,3)
56.425
Neutral
ATR(14)
0.002
Low Volatility
CCI(14)
65.532
Neutral
Williams %R
29.650
Buy
TRIX(12,20)
0.005
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
0.856
Buy
MA10
0.856
Buy
MA20
0.856
Buy
MA50
0.856
Buy
MA100
0.861
Sell
MA200
0.866
Sell

EUR/GBP Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 0.8555 is support, with 0.8577 and 0.8582 as targets

Trading Strategy

The upside prevails as long as 0.8555 is support, with 0.8577 and 0.8582 as targets

Alternative scenario

below 0.8555, expect 0.8546 and 0.8541.

Comment

The upside prevails as long as 0.8555 is support, with 0.8577 and 0.8582 as targets

4 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.

EUR/GBP

0.857
+0.000+0.04%
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