Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.002
Sell
RSI(14)
28.994
Sell
STOCH(KDJ)(9,3,3)
16.744
Oversold
ATR(14)
0.003
High Vlolatility
CCI(14)
-97.674
Neutral
Williams %R
81.664
Oversold
TRIX(12,20)
-0.033
Sell
StochRSI(14)
70.326
Buy
Search
EUR/GBP
Add to Watchlist
0.848
+0.001+0.07%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
+0.06%
5 Days
-0.74%
1 Month
-1.23%
6 Months
-2.76%
Year to Date
-2.74%
1 Year
-2.36%
Key Data Points
Opening Price
0.847Previous Closing Price
0.847EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The upside prevails as long as 0.8464 is support, with 0.8486 and 0.8491 as targets
Alternative scenario
below 0.8464, expect 0.8455 and 0.8449.
Comment
The upside prevails as long as 0.8464 is support, with 0.8486 and 0.8491 as targets
an hour ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound: BoE hawkish shift could support gains against Euro – ING
ING’s Chris Turner writes that EUR/GBP has been pressured by French-related Euro risk but Sterling may gain further support if the Bank of England aligns with other central banks and hikes rates. Markets will watch centrist policymakers Andrew Bailey and Claire Lombardelli for any hint of backing a hike. ING sees strong support at 0.8455/0.8465, with potential tests of 0.8400 if a November hike looks likely.
Fxstreet32 minutes ago
Euro gains ground against British Pound despite French debt risks
The EUR/GBP cross recovers some lost ground to near 0.8485, snapping the nine-day losing streak during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the Euro (EUR) amid UK fiscal risks.
Fxstreet3 hours ago
Euro extends losing streak against British Pound, hits 16-month low
EUR/GBP trims part of its intraday decline on Wednesday but remains on the back foot for the ninth consecutive day as concerns over France’s fiscal position weigh on the Euro (EUR).
Fxstreet22 hours ago
EUR/GBP Price Forecast: Rejection at 0.8500 leaves yearly low at 0.8455 exposed
The Euro (EUR) extends losses against the British Pound (GBP) on Wednesday, on track to complete a nearly 1.6% decline in a nine-day losing streak.
FxstreetWed, Oct 7
EUR/GBP Price Forecast: Bears retain control as RSI turns oversold
EUR/GBP fluctuates between gains and losses on Tuesday, pausing a seven-day selloff driven by sharp weakness in the Euro (EUR) amid growing concerns over France’s fiscal position.
FxstreetTue, Oct 6
Euro extends decline against British Pound on France debt concerns
EUR/GBP extends its decline on Monday, sliding to its lowest level since mid-July as political turmoil and mounting concerns over Europe’s public finances weigh on the Euro (EUR). At the time of writing, the cross trades around 0.8478, down 0.24% on the day, after touching an intraday low of 0.8458.
FxstreetMon, Oct 5
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
0.848
Sell
MA10
0.852
Sell
MA20
0.855
Sell
MA50
0.856
Sell
MA100
0.858
Sell
MA200
0.863
Sell
About EUR/GBP
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.
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