The EUR to GBP exchange rate has bounced back this week as investors wait for the latest interest rate decision...
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 EUR to GBP exchange rate has made quite a move this Wednesday. After opening sharply lower, the pairing of...
The EUR to GBP exchange rate is under pressure as investors react to the deteriorating European economy. The EUR/GBP price...
The EUR/GBP price drifted upwards after the hawkish statements by Andrew Bailey and Christine Lagarde. The closely-watched EUR to GBP...
The EUR/GBP price is in a consolidation phase ahead of the latest UK consumer and producer inflation data. The EUR...
The EUR/GBP dropped to an important support level on the daily chart as investors waited for the upcoming ECB and...
The pairing of the Euro to GBP is trading lower this Wednesday, which snaps a winning streak that lasted two...
The EUR/GBP is down 0.36% on the day and the same amount this week, following solid labour and retail sales...
The EUR to GBP forecast shows that the momentum continues to lie with the Euro. This comes as the EUR/GBP...
The EUR/GBP pair has had a strong showing in Thursday’s trading session, as the bulls aim to produce a continuation...