The EURGBP pair was little changed today as traders continued to focus on the upcoming decision. The ECB will start its meeting on Wednesday and deliver its rates decision on Thursday.
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 rose slightly as investors reacted to the bruising economic data from Europe and the reconstruction deal by...
The EURGBP pair dropped in overnight trading as the market reacts to the new manoeuvres by the European Central Bank...
The EUR to GBP (EURGBP) pair declined today as investors reacted to the UK inflation data and actions by the...
The EUR to GBP exchange rate is trading higher in today’s trading, ahead of release of eurozone data. As of...
EURGBP consolidates for the fourth consecutive trading session after the pair breached below the 50 and 200 days moving average...
The EUR to GBP (EURGBP) pair struggled to find direction as investors received divergent signals from the European Union and...
EURGBP rebound today after three consecutive days of losses supported by comments from Eurogroup Chairman, Mario Centeno that he does not rule out the use of Eurobonds
Key support levels on the EUR to GBP exchange rate have been broken. After looking bullish last week, the currency pair now looks like its headed lower. Here are two reasons why.
The EUR to GBP exchange rate has recently been trading lower. However, technicals suggest that EURGBP may soon rally to...