0.876USD
Today
+0.03%
5 Days
-0.62%
1 Month
+0.35%
6 Months
+4.52%
Year to Date
+5.91%
1 Year
+5.18%
Opening Price
0.876Previous Closing Price
0.876The 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.

The configuration is negative.
above 0.8770, look for 0.8785 and 0.8795.
the downside prevails as long as 0.8770 is resistance
The Euro (EUR) trades flat against the British Pound (GBP) on Thursday after a sharp slide on Wednesday following the United Kingdom’s Autumn Budget. At the time of writing, EUR/GBP is trading near 0.8761, holding close to a one-month low as sentiment continues to favour Sterling.

The Pound Sterling (GBP) staged a relief rebound yesterday after the UK government released details of their own budget. There was initial relief amongst market participants that the Autumn Statement did not trigger a sell-off in the gilt market.

The Euro hesitates near monthly lows, following a sharp reversal after the release of the UK Budget on Wednesday. The pair has found some support at 0.8745 earlier on the day, but is lacking acceptance above 0.8760, and looks likely to extend its reversal, aiming for the 0.8720 area.

The EUR/GBP retreats on Wednesday after the latest UK’s budget revealed by the Chancellor Rachel Reeves seem to be well received by investors, which initially sold off the British Pound, which trimmed its earlier loses. At the time of writing, the cross trades at 0.8766 down 0.24%.

The UK Budget is largely priced into markets, with increased fiscal spending and taxes likely to shift the fiscal/monetary mix in a sterling-negative direction, limiting any lasting gains for GBP despite potential short-term relief, Société Générale's FX analyst Kit Juckes

The Euro is trimming some losses against the British Pound on Wednesday, and reaches prices above 0.8790 after bouncing from three-week lows near 0.8760.
