Excellent EURGBP Market Analysis, Latest News

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.

EURGBP: EUR to GBP Eyes 0.900 as Germany Recession Worsens

Forex

·Jul 30, 2020, 10:35 BST

The EUR to GBP (EURGBP) pair is falling today as traders react to the weak economic data from the Eurozone....

EURGBP Tests Critical Support Ahead of Germany’s GDP Report

Forex

·Jul 29, 2020, 04:51 BST

EURGBP sold off sharply in yesterday’s trading as market participants square their positions ahead of the German GDP report due tomorrow.

EURGBP Technicals Suggest Upside Potential; Can German Ifo Push It Higher?

Forex

·Jul 27, 2020, 04:33 BST

EURGBP is off to a bullish start to today’s trading. Can the German Ifo report push help the currency pair sustain its momentum?

EURGBP nears key resistance as good news from Europe keeps coming

Forex

·Jul 24, 2020, 10:28 BST

The EUR to GBP (EURGBP) is up slightly today as traders reflect on the upbeat economic data from Europe. The...

GBPCHF – Will It Break Above 1.20?

Forex

·Jul 22, 2020, 11:59 BST

The GBPCHF cross pair used to be one of the most volatile currency pairs of the FX dashboard. When the...

EURGBP Inches Higher on EU Coronavirus Rescue Plan, Talks of No-Deal Brexit

Forex

·Jul 22, 2020, 04:43 BST

EURGBP is trading higher in today's Asian session after European leaders agree how to spend the coronavirus rescue package and talks of a no-deal Brexit.

Optimism Over the EU Summit Deal Fails to Lift EUR to GBP Higher

Forex

·Jul 21, 2020, 10:49 BST

In fact, the exact opposite happened, with market participants wondering if this is not just another case of buy the...

Dovish comments from BoE’s Saunders Send GBPUSD Lower

Make or Break for EUR to GBP Bulls

Forex

·Jul 20, 2020, 11:41 BST

The cross pair sits at important crossroads. After putting a double bottom at the start of the year, it rose dramatically to over 0.94 as financial markets reacted to the coronavirus health crisis.

EURGBP Gives Up Gains After ECB Rate Decision; Awaits EU Recovery Talks

Forex

·Jul 17, 2020, 04:38 BST

EURGBP had a volatile trading day yesterday as it gave up its earlier gains from the ECB rate decision. How will the EU recovery talks affect it today?