The GBPCHF cross pair used to be one of the most volatile currency pairs of the FX dashboard. When the...
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 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.
In fact, the exact opposite happened, with market participants wondering if this is not just another case of buy the...
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 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?
The EUR to GBP (EURGBP) pair rose slightly after the ECB delivered its interest rate decision. The pair also reacted...
The EUR to GBP (EURGBP) pair is down by about 0.25% as traders react to the upbeat inflation data from...
The EUR to GBP (EURGBP) pair is unchanged as traders react to the mixed data from the United Kingdom and...
While EURGBP may be unchanged from its opening price today technicals suggest more downside potential ahead. Could post-Brexit plans trigger a move lower?
EURGBP finds support at the 50-day moving average at least for now as it hit the daily lows at 0.8945 and bounced above the 0.8950 mark. Euro reacted positively on better than expected economic news