EURGBP trades 0.10% higher at 0.9148 after EU June retail sales came in at +1.1% beating expectations of +0.3% m/m,...
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 continues higher en route to test the upper bound of the ascending trend line, the pair is adding 0.67%...
EURGBP turns negative after making a fresh 28 month high and tested the upper bound of the ascending trend line;...
EURGBP trades 0.20% higher at 0.9237 making earlier today fresh 28-month highs at 0.9264. Long positions must place protective stops...
The British Pound sold off against the Swiss Franc on the back of more safe-haven buying, on the back of...
Trading week is starting slow with EURCHF traders awaiting the SNB total sight deposits w.e. 9 August due at 8:00GMT....
EURGBP traders will focus today in German Final Consumer Price Index and Wholesale Price Index due at 6:00GMT. Later we...
EURGBP trades lower today at 0.9282 after a sequence of dismal economic data from European Union. The Germany ZEW Economic...
EURGBP traders will focus today in UK July CPI and the UK July PPI figures due at 8:30GMT. Eurozone June...
EURGBP traders await the Eurozone June trade balance data due at 9:00GMT as the price of EURGBP retreats from recent...