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EUR/GBP

EURGBP
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0.857

-0.001-0.17%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.17%

5 Days

+0.01%

1 Month

+0.26%

6 Months

-0.74%

Year to Date

-1.62%

1 Year

-1.41%

Key Data Points

Opening Price

0.859

Previous Closing Price

0.859
Price Range of the Day
0.8570.859
52-Week Price Range
0.8450.886

EUR/GBP Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 0.8583, look for 0.8591 and 0.8596.

Comment

The downside prevails as long as 0.8583 is resistance, with 0.8565 and 0.8560 as targets

7 hours ago
Source: Trading Central(Reference Only)
Euro trades flat against British Pound as UK Retail Sales beat forecasts

EUR/GBP trades little changed on Friday as stronger-than-expected UK Retail Sales data lends some support to the British Pound (GBP) after it came under pressure following the Bank of England’s (BoE) monetary policy announcement on Thursday.

Fxstreet14 hours ago
Euro declines against British Pound following UK Retail Sales, German Producer Price data

EUR/GBP inches lower after three days of gains, trading around 0.8590 during the Asian hours on Friday. The currency cross is facing downward pressure as the British Pound (GBP) gains momentum following stronger-than-expected United Kingdom (UK) Retail Sales data.

Fxstreet20 hours ago
Euro climbs as Sterling slips on cautious BoE hold

EUR/GBP is trading higher on Thursday, climbing toward the 0.8600 barrier and touching its highest in several days. The Pound has slipped across the board after the Bank of England (BoE) held interest rates and struck a more cautious tone than much of the market had priced in.

FxstreetThu, Sep 17
British Pound: Bearish against Euro after BoE hold – TD Securities

FX strategist Howard Du at TD Securities reiterates a bullish EUR/GBP stance after the Bank of England’s (BoE) cautious hold.

FxstreetThu, Sep 17
Euro jumps against British Pound as BoE leaves rates on hold

The Euro (EUR) rallies on Thursday as the British Pound (GBP) dives across the board as the Bank of England (BoE) left interest rates unchanged, with most of the other major central banks tightening their monetary policies.

FxstreetThu, Sep 17
EUR/GBP Price Forecast: Euro struggles below 0.8570 with all eyes on the BoE

The Euro (EUR) ticks lower against the British Pound (GBP) on Thursday, with investors awaiting the Bank of England’s (BoE) monetary policy decision, due later in the day.

FxstreetThu, Sep 17

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
Sell
Sell(7)
Neutral(4)
Buy(2)
Indicators
Sell(3)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Neutral
RSI(14)
51.007
Neutral
STOCH(KDJ)(9,3,3)
45.186
Neutral
ATR(14)
0.002
High Vlolatility
CCI(14)
2.220
Neutral
Williams %R
58.291
Sell
TRIX(12,20)
0.009
Sell
StochRSI(14)
56.649
Sell
Moving Average
Sell(4)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MA5
0.857
Buy
MA10
0.858
Sell
MA20
0.857
Sell
MA50
0.856
Buy
MA100
0.859
Sell
MA200
0.864
Sell

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
-0.001-0.17%
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