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EURGBP

In this section, you will find important EURGBP news, actionable trading ideas, and a live EURGBP chart to help you better understand the forex pair.

EURGBP is a Forex pair that shows how many Pounds it costs to buy one Euro. The Euro is the so-called base currency, while the Pound is the quote currency in this pair. The EURGBP is one of the most popular trading pairs in European FX markets, the pair is therefore considered to be one of the “Majors Pairs.” The Euro – Sterling started trading when the euro created on January 1, 1999.

The price of the EURGBP depends on the supply and demand of the Euro and the Pound Sterling. The factors that affect supply and demand are the relative interest rates, the GDP growth, inflation, unemployment rates, balance of payments, and other macroeconomic figures.

The Bank of England (BoE) and the European Central Bank (ECB) are the two institutions that EURGBP traders follow to get an idea about the future moves of the pair. Traders also watch Germany and France, the two biggest economies in Europe that affect the price of the euro.

Forex
·Jul 01, 2019, 13:41 BST

EURGBP: British Pound Near’s Last Year’s Low on Soft UK PMI

EURGBP has edged higher following this morning’s report that the UK manufacturing sector activity dropped to the lowest levels since...
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Forex
·Jul 18, 2019, 12:28 BST

GBP (Cable) Recovers Slightly as Retail Sales Report Surprises to the Upside

After a torrid start to the week where it was relentlessly sold across board, the cable got some respite as...
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EURGBP Attracts Sellers Below 0.90
Forex
·Jul 19, 2019, 12:27 BST

EURGBP Attracts Sellers Below 0.90

EURGBP is under selling pressure the last hours as investors concerns about hard Brexit ease after comments from Michel Barnier...
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Forex
·Jul 23, 2019, 13:19 BST

EURGBP Trades Lower As EU Welcomes New UK PM

  “We look forward to working constructively with PM Boris Johnson when he takes office, to facilitate the ratification of...
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Forex
·Jul 24, 2019, 14:00 BST

EURGBP Slumps as Traders Await ECB Decision

The EURGBP pair has experienced a steep intraday slide on the back of a transient recovery by the British Pound...
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EURGBP Intraday Rebound After Draghi’s Comments
Forex
·Jul 25, 2019, 14:55 BST

EURGBP Intraday Rebound After Draghi’s Comments

EURGBP was under strong selling pressure after the ECB announced that keeps interest rates unchanged. The pair hit the daily...
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EURGBP Technical Analysis
Forex
·Jul 26, 2019, 08:24 BST

EURGBP Technical Analysis

EURGBP Technical analysis: The pair is trading at three month high after France Consumer Confidence registered at 102 topping expectations...
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EURGBP Weekly Chart
Forex
·Jul 29, 2019, 10:59 BST

EURGBP: GBP Under Attack Following No-Deal Brexit Fears

The British Pound is under pressure this morning as market participants appear to be hedging against a no-deal Brexit, which...
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EURGBP Lower after EU Consumer Confidence meets forecasts
Forex
·Jul 30, 2019, 10:34 BST

EURGBP Lower after EU Consumer Confidence meets forecasts

EURGBP gives up 10 pips at 0.9150 after the news while EURUSD trades flat at 1.1140. Traders await the key...
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Forex
·Aug 01, 2019, 13:29 BST

GBP Steady as BoE’s Carney Keeps Options Open

The Governor of the Bank of England, Mark Carney, took center stage to respond to questions from members of the...
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