EURGBP climbs to two-week highs after strong economic data from Europe and fears of a no-deal Brexit. The eighth round of negotiations starts today
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.
The EURGBP pair bounced from the 0.8860 area and now threatens to move back above the 0.90 level. A combination...
The EUR to GBP exchange rate has bounced at key support on the week and the pair is now looking...
The EUR to GBP exchange rate remained close to the 0.90 level for the entire summer. The round number acted...
EURGBP saw another bearish close yesterday and looks ready to test the lower support levels this week after the U.K....
EURGBP trades on negative foot as investors digest a set of macroeconomic news from Eurozone and U.K. The correction that started the previous week after the rejection at 200-day moving average continues below the 0.8950.
The Eur to Gbp exchange rate was up 0.4% in the European trading session with the U.K. closed for a...
The EURGBP held a key support level on the daily chart and is seeking to mount a comeback rally. The...
The Eur to GBP exchange rate was testing support at 0.8950 after giving up the 0.9000 level on Wednesday. EURGBP...
If that is an exchange rate that did not move this summer, this was the EUR to GBP rate. It...