EURGBP continues higher en route to test the upper bound of the ascending trend line, the pair is adding 0.67%...
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/GBP price remained under intense pressure on Tuesday morning. Investors shifted their focus to the upcoming interest rate decision...
The British pound is starting this week with a bang! EURGBP is trading at new six-month lows as European markets...
The EURGBP slid further lower on Thursday after the YouGov MRP poll results predicted a landslide victory for the Conservative...
The EUR to GBP jumped higher after the Bank of England in an unexpected move, cut the Bank Rate by...
EURGBP resumed the downtrend after a short break yesterday. The pair is under selling pressure after a big miss in...
The EURGBP was lower with the pound finding buyers after it emerged that Brexit talks will likely continue into November....
The EURGBP pair dropped by more than 40 basis points as the market tried to understand the incoming data from...
The EUR to GBP jumped to seven-month highs as investors dump the British pound after Bank of England Governor Andrew...
After a torrid start to the week where it was relentlessly sold across board, the cable got some respite as...