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Markets/
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eurgbp

EUR/GBP

EURGBP

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0.857

+0.000+0.04%

Discussions

TradingKey Chart

Time

15m

30m

Today

+0.04%

5 Days

+0.09%

1 Month

+0.30%

6 Months

-1.23%

Year to Date

-1.70%

1 Year

-1.84%

Key Data Points

Opening Price

0.856

Previous Closing Price

0.856

Price Range of the Day

0.8560.857

52-Week Price Range

0.8450.886

The Euro (EUR) trades practically flat against the British Pound (GBP) on Friday, moving in a tight range above 0.8560 during the early European session, following another rejection at the 0.8680 area.

Fxstreetan hour ago

EUR/GBP Price Forecast: Holding below 0.8580 with dips limited so far

The Euro (EUR) nudges lower against the British Pound (GBP) on Thursday, following a three-day rally. The EUR/GBP remains capped below the late-July top of 0.8586, trading at 0.8575 at the time of writing, yet with downside attempts subdued so far.

Fxstreet23 hours ago

British Pound: Sterling pressured into autumn against Euro – Rabobank

Rabobank's Senior FX Strategist Jane Foley discusses recent British Pound (GBP) weakness versus the Euro (EUR), linking it to reduced Bank of England (BoE) tightening expectations and political developments under UK Prime Minister Burnham.

FxstreetWed, Aug 5

Euro holds gains against the Pound awaiting Eurozone and UK Services PMIs

The Euro (EUR) remains practically flat against the British Pound (GBP) on Wednesday, trading at 0.8573 at the time of writing and holding gains from the last two days after bouncing from the 0.8540 area on Friday.

FxstreetWed, Aug 5

Euro stalls against British Pound as geopolitical uncertainty grips markets

The Euro (EUR) trades practically flat, a few pips below 0.8570 against the British Pound (GBP) on Tuesday, holding moderate gains after Monday's bounce from last week's lows at 0.8542.

FxstreetTue, Aug 4

EUR/GBP Price Forecast: Below the bottom of the bullish channel at 0.8570

The Euro (EUR) ticks higher against the British Pound (GBP) on Monday, but remains capped below the bottom of an ascending channel at the 0.8575 area following Thursday and Friday's declines.

FxstreetMon, Aug 3

Indicators

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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.

15m

30m

15m

D

Sell

Sell(6)

Neutral(4)

Buy(2)

Indicators

Sell(2)

Neutral(4)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

0.001

Neutral

RSI(14)

52.574

Neutral

STOCH(KDJ)(9,3,3)

63.447

Neutral

ATR(14)

0.002

Low Volatility

CCI(14)

43.707

Neutral

Williams %R

18.750

Overbought

TRIX(12,20)

0.001

Sell

StochRSI(14)

27.323

Sell

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

0.857

Sell

MA10

0.856

Buy

MA20

0.854

Buy

MA50

0.858

Sell

MA100

0.863

Sell

MA200

0.867

Sell

EUR/GBP Trading Strategy

Intraday

Medium Term

Short Term

Trading Strategy

The upside prevails as long as 0.8559 is support, with 0.8589 and 0.8597 as targets

Alternative scenario

below 0.8559, expect 0.8546 and 0.8538.

Comment

The upside prevails as long as 0.8559 is support, with 0.8589 and 0.8597 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?

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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?

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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?

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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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EUR/GBP

0.857

+0.000+0.04%

EUR/GBP

Overview

News&Analysis

Discussions

Key Data Points

EUR/GBP News

Recent

Analysis

Euro steadies against the British Pound following another rejection at the 0.8580 area

EUR/GBP Price Forecast: Holding below 0.8580 with dips limited so far

British Pound: Sterling pressured into autumn against Euro – Rabobank

Euro holds gains against the Pound awaiting Eurozone and UK Services PMIs

Euro stalls against British Pound as geopolitical uncertainty grips markets

EUR/GBP Price Forecast: Below the bottom of the bullish channel at 0.8570

Indicators