The EUR to GBP (EURGBP) pair struggled to find direction as investors received divergent signals from the European Union and...
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 remained close to the 0.90 level for the entire summer. The round number acted...
Positive Data from the UK Pushed EUR to GBP Lower EUR to GBP fell in yesterday’s trading following the positive...
The EUR to GBP exchange rate fell the most in yesterday’s trading since February 13 as the BOE hinted that...
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.
Compared to the majors, volatility on the EUR to GBP exchange rate was limited yesterday. However, that could soon change...
The EUR to GBP exchange rate has pared some of its gains from yesterday’s trading. As of this writing, EURGBP...
The EUR to GBP exchange rate came back below the 0.91 level as Governor Bailey’s speech sends the pound higher....
GBP Weakness Driven by Hard-Brexit Concerns British pound weakness yesterday allowed the EUR to GBP exchange rate to rally to...
EURGBP continues to trade higher today as the pound’s weakness following the BOE’s rate cut lingers. The currency pair is up 33 pips from its opening price at 0.8811. However, can it extend its gains with the ECB also expected to ease monetary policy later today?