0.878USD
Today
+0.10%
5 Days
+0.47%
1 Month
+1.35%
6 Months
+1.48%
Year to Date
+0.70%
1 Year
+6.43%
Opening Price
0.876Previous Closing Price
0.877The 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 0.8755, expect 0.8740 and 0.8730.
as long as 0.8755 is support look for 0.8807
ING’s Francesco Pesole argues that UK political developments and policy risks are weighing on the Pound and supporting a bullish view on EUR/GBP.

The EUR/GBP cross holds positive ground near 0.8750 during the early European session on Friday. The Pound Sterling (GBP) softens against the Euro (EUR) amid a combination of UK political uncertainty and expectations of monetary easing by the Bank of England (BoE).

EUR/GBP moves higher and trades around 0.8720 on Thursday at the time of writing, up 0.13% on the day.

MUFG’s Lee Hardman highlights that the Pound has advanced as EUR/GBP retreats toward 0.8700, supported by firmer UK growth data and BoE Governor Bailey’s reluctance to clearly signal a March rate cut.

EUR/GBP holds positive ground near 0.8715 during the early European session on Thursday. Political risks in the United Kingdom (UK) drag the Pound Sterling (GBP) lower against the Euro (EUR). Traders will keep an eye on the European Central Bank (ECB) Christine Lagarde speech later on Thursday.

The Euro (EUR) edges lower against the British Pound (GBP) on Wednesday as investors digest fresh Eurozone inflation figures and Germany’s fourth-quarter Gross Domestic Product (GDP) data.

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