EURGBP rebounds today after five consecutive sessions of losses at 0.9153 after a sequence of dismal economic data from European...
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 latest CFTC Commitment of Traders Report shows that the net long positions on the USD fell moderately last week;...
In a light European forex calendar today EURGBP traders await the UK July public sector debt data due at 8:30GMT....
EURGBP rebounds today adding 0.35% at 0.9143 as the euro was under pressure after disappointing macro data from EU. Yesterday,...
Both French President Emmanuel Macron and British Prime Minister Johnson have made comments to the press ahead of their planned...
EURGBP adds 0.05% at 0.9042 as the correction from 0.9316 highs stalls at the 50 day moving average. GBP attract...
EURGBP gives up 0.20% at 0.9064 as the correction from 0.9316 highs finds strong support at the 50 day moving...
EURGBP traders await the Germany July import price index and Germany September Gfk consumer confidence survey due at 6:00GMT. The...
The trading calendar starts for EURGBP traders with France July consumer spending data and France Q2 final GDP figures due...
EURGBP adds 0.15% at 0.9083 in an attempt to enter inside the ascending channel. UK government looking to extend the...