Today
+0.09%
5 Days
+0.11%
1 Month
-1.27%
6 Months
-3.33%
Year to Date
-4.13%
1 Year
-4.89%
Opening Price
0.835Previous Closing Price
0.835
The upside prevails as long as 0.8354 is support, with 0.8373 and 0.8377 as targets
below 0.8354, expect 0.8346 and 0.8341.
The upside prevails as long as 0.8354 is support, with 0.8373 and 0.8377 as targets
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).
ING’s Francesco Pesole says EUR/GBP trades 2.6–2.8% below short-term fair value, reflecting a French risk premium but still looking stretched. Following a hawkish Bank of England hike, he expects further tightening to be limited, sees market pricing for multiple cuts as too aggressive, and views a move back toward 0.840 in EUR/GBP as the most realistic outcome in coming weeks.
EUR/GBP trades flat on Friday, consolidating within the tight range seen so far this week. The subdued price action suggests bears are taking a breather after five consecutive weekly losses that pushed the cross into oversold territory.
The Euro (EUR) wavers without a clear trend against the British Pound (GBP) on Friday, unable to take any significant advantage of the bright German Industrial Production figures released earlier on the day.
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.