Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.000
Sell
RSI(14)
23.605
Sell
STOCH(KDJ)(9,3,3)
21.861
Neutral
ATR(14)
0.003
Low Volatility
CCI(14)
-103.667
Sell
Williams %R
87.900
Oversold
TRIX(12,20)
-0.090
Sell
StochRSI(14)
88.890
Buy
Search
EUR/GBP
Add to Watchlist
0.834
-0.001-0.07%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.07%
5 Days
-0.39%
1 Month
-1.84%
6 Months
-3.39%
Year to Date
-4.30%
1 Year
-4.87%
Key Data Points
Opening Price
0.835Previous Closing Price
0.835EUR/GBP Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The downside prevails as long as 0.8348 is resistance, with 0.8329 and 0.8324 as targets
Alternative scenario
above 0.8348, look for 0.8357 and 0.8362.
Comment
The downside prevails as long as 0.8348 is resistance, with 0.8329 and 0.8324 as targets
7 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
Euro slips against British Pound with inflation data and BoE in focus
EUR/GBP edges lower on Tuesday after posting modest gains the previous day, when a sharp decline in Oil prices offered some relief to the energy-dependent Eurozone and supported the Euro (EUR). At the time of writing, the cross trades around 0.8336, down 0.11% on the day.
Fxstreet7 hours ago
Euro weakens against British Pound on soft German Retail Sales, traders await BoE rate decision
The EUR/GBP cross trades with mild losses around 0.8345 during the early European trading hours on Tuesday. The British Pound (GBP) strengthens against the Euro (EUR) amid hawkish rate expectations from the Bank of England (BoE).
Fxstreet12 hours ago
British Pound: Sterling supported by BoE tightening bets – ING
ING’s Chris Turner says Sterling is trading relatively well as markets fully price a 25bp Bank of England (BoE) rate hike to 4.00% on Thursday.
FxstreetMon, Nov 2
EUR/GBP Price Forecast: Euro tests resistance at 0.8360 as Pound loses steam
The Euro (EUR) shows a significant recovery against the British Pound (GBP) on Monday, supported by the reversal in Oil prices and positive Eurozone manufacturing activity figures.
FxstreetMon, Nov 2
British Pound: Resilience sustained but bar higher – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong see British Pound (GBP) resilience extending into early 2027, supported by fiscal discipline, upgraded UK growth forecasts and greater political stability.
FxstreetMon, Nov 2
Euro pares gains against British Pound after Germany’s Retail Sales unexpectedly fall in September
The EUR/GBP cross pares gains near 0.8345 during the early European session on Monday. The Euro (EUR) edges slightly lower following weaker German Retail Sales data.
FxstreetMon, Nov 2
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
0.835
Sell
MA10
0.836
Sell
MA20
0.840
Sell
MA50
0.850
Sell
MA100
0.853
Sell
MA200
0.860
Sell
About 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.
Is EURGBP (EURGBP) a safe investment?
No investment is completely risk-free. The risk level of EURGBP (EURGBP) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.
