tradingkey.logo
tradingkey.logo
Search

EUR/GBP

EURGBP
Add to Watchlist

0.850

+0.002+0.18%
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.18%

5 Days

-0.23%

1 Month

-1.64%

6 Months

-1.87%

Year to Date

-2.42%

1 Year

-1.90%

View Detailed Chart
TradingKey Chart

Key Data Points

Opening Price

0.848

Previous Closing Price

0.849
Price Range of the Day
0.8480.851
52-Week Price Range
0.8450.886

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(8)
Neutral(2)
Buy(3)
Indicators
Sell(3)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.001
Sell
RSI(14)
34.011
Neutral
STOCH(KDJ)(9,3,3)
35.401
Buy
ATR(14)
0.003
High Vlolatility
CCI(14)
-87.795
Neutral
Williams %R
71.057
Sell
TRIX(12,20)
-0.067
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
0.850
Buy
MA10
0.852
Sell
MA20
0.856
Sell
MA50
0.861
Sell
MA100
0.864
Sell
MA200
0.868
Sell

EUR/GBP Trading Strategy

Intraday
Medium Term
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 0.8494, expect 0.8483 and 0.8476.

Comment

the upside prevails as long as 0.8494 is support

5 hours ago
Source: Trading Central(Reference Only)

EUR/GBP News

British Pound: Overvaluation points to Euro recovery – ING

ING strategist Francesco Pesole notes that the recent GBP rally has stalled and EUR/GBP has rebounded from an important break lower. At 0.850, the cross remains around 1.5% undervalued versus ING’s short-term fair value model.

Fxstreet46 minutes ago
ING strategist Francesco Pesole notes that the recent GBP rally has stalled and EUR/GBP has rebounded from an important break lower. At 0.850, the cross remains around 1.5% undervalued versus ING’s short-term fair value model.

British Pound: Sterling rally against Euro looks stretched - TD Securities

TD Securities’ Macro Research team, led by Howard Du with contributions from Jayati Bharadwaj and Linda Cheng, argues that the recent Pound strength versus the Euro has overshot fundamentals.

Fxstreet2 hours ago
TD Securities’ Macro Research team, led by Howard Du with contributions from Jayati Bharadwaj and Linda Cheng, argues that the recent Pound strength versus the Euro has overshot fundamentals.

British Pound: Bearish against Euro on hawkish ECB guidance – TD Securities

TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data surprises and equity performance.

Fxstreet4 hours ago
TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data surprises and equity performance.

Euro trims losses against the British Pound, supported by ECB tightening hopes

The Euro (EUR) trades higher against the British Pound (GBP) on Friday, returning to levels near 0.8500 from 13-month lows of 0.8455 amid speculation that the European Central Bank (ECB) will hike rates in the coming months.

Fxstreet6 hours ago
The Euro (EUR) trades higher against the British Pound (GBP) on Friday, returning to levels near 0.8500 from 13-month lows of 0.8455 amid speculation that the European Central Bank (ECB) will hike rates in the coming months.

British Pound: Fiscal tightrope shapes outlook – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong highlight that hopes of a fiscally conservative Chancellor under incoming United Kingdom (UK) Prime Minister Burnham have supported the British Pound (GBP) and gilts.

FxstreetThu, Jul 16
OCBC strategists Sim Moh Siong and Christopher Wong highlight that hopes of a fiscally conservative Chancellor under incoming United Kingdom (UK) Prime Minister Burnham have supported the British Pound (GBP) and gilts.

British Pound: Shorts on the run – ING

ING’s Chris Turner highlights a powerful short squeeze in Sterling, triggered by reports that Shabana Mahmood could become Andy Burnham’s chancellor, a choice seen as less fiscally expansive.

FxstreetThu, Jul 16
ING’s Chris Turner highlights a powerful short squeeze in Sterling, triggered by reports that Shabana Mahmood could become Andy Burnham’s chancellor, a choice seen as less fiscally expansive.

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

0.850
+0.002+0.18%
tradingkey.logo
* References, analysis, and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgement of the analyst, without considering the investment objectives and financial situation of the investors.
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.