Today
+0.02%
5 Days
+0.23%
1 Month
-1.27%
6 Months
-3.48%
Year to Date
-4.13%
1 Year
-5.13%
Opening Price
0.835Previous Closing Price
0.835
The downside prevails as long as 0.8363 is resistance, with 0.8344 and 0.8340 as targets
above 0.8363, look for 0.8370 and 0.8375.
The downside prevails as long as 0.8363 is resistance, with 0.8344 and 0.8340 as targets
The Euro (EUR) is consolidating at a slightly higher range against the British Pound (GBP) this week, mainly favoured by the lower Oil prices, although the broader trend is still showing a capped tone.
The Euro (EUR) remains steady at around 0.8350 against the British Pound (GDP) in the European trade on Thursday, as the latter trades almost stable after the release of the United Kingdom (UK) Q3 and September Gross Domestic Product (GDP) data.
The Euro (EUR) trades practically flat against the British Pound (GBP) on Wednesday, as the rebound in Oil prices is offsetting the positive risk sentiment. The EUR/GBP pair holds above the top of the previous trading range, at 0.8360 so far, but remains unable to find acceptance above 0.8370.
EUR/GBP trades with a mild bullish bias on Tuesday as falling Oil prices help the Euro (EUR) outperform most of its major peers. At the time of writing, the cross trades around 0.8357, up 0.10% on the day, but remains range-bound near levels last seen in April 2025.
The Euro (EUR) accelerates gains against the British Pound (GBP) on Tuesday, after the mild recovery witnessed in the previous three days, favoured by falling Oil prices and a more positive market sentiment.
EUR/GBP trades sideways on Monday, holding in a narrow range near levels last seen in April 2025. The British Pound (GBP) keeps the upper hand against the Euro (EUR) as traders weigh the policy outlook for the Bank of England (BoE) and the European Central Bank (ECB).
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.