EUR to GBP jumps higher after the UK GDP data for November disappoints. The GDP came in at -0.3% well...
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.
After rejecting the bearish trend line resistance at 0.85249, EUR to GBP slipped lower. Currently, the price is heading towards...
EUR to GBP rebounds sharply today adding 0.59% at 0.8529 after the Bank of England Governor Mark Carney said that...
EURGBP was initially under selling pressure on broad pound strength. The currency pair first fell to its new intra-week lows...
EURGBP started the week 0.01% higher at 0.8531 as traders focus has shifted on the increasing geopolitical risks in the...
We are now on the last few trading days for the year. Although volumes are low, it does not necessarily...
The recent weakness in the pound brought about by no-deal Brexit concerns has pushed EURGBP to its 5-week highs at...
EURGBP is 0.02% higher at 0.8493 on general GBP weakness across the board and upbeat IFO figures. The Germany December...
EURGBP is giving up 1.12% at 0.8351 on general GBP strength across the board. The Conservatives cleared a parliamentary majority...
The Sterling Euro exchange rate just reached the best level for the British Pound since May 2017, as traders buy...