Excellent EURGBP Market Analysis, Latest News

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 Moves Lower as Markets Brace for Deal Announcement

Forex

·Dec 24, 2020, 09:58 GMT

The EURGBP was lower by 0.40% in early trading on Thursday as the U.K. and European Union looked ready to...

Dovish comments from BoE’s Saunders Send GBPUSD Lower

EURGBP Rate Points Lower as Virus Fear Recedes

Forex

·Dec 23, 2020, 09:36 GMT

The EURGBP was trading lower on Wednesday as sterling gains on hopes of a Brexit deal. An agreement is still...

EURGBP Soars as Lockdown Drama Returns to Britain

Forex

·Dec 21, 2020, 09:08 GMT

The EURGBP rate was 1.55% higher after further drama over the virus saw London and the rest of the U.K. move into strict lockdown. The situation worsened as European countries banned travel between Britain and a Brexit deal is still not agreed.

EURGBP Lower Despite Steep Drop in Inflation

Forex

·Dec 16, 2020, 08:55 GMT

The EURGBP was trading lower on Wednesday after traders remained hopeful of a positive Brexit outcome. The pound shook off a higher unemployment rate and a Tier 3 strict lockdown in London to gain on the euro.

EURGBP Tumbles After Another Brexit Deadline Passes

Forex

·Dec 14, 2020, 08:41 GMT

EURGBP was higher after the UK and the European Union decided to continue trade talks beyond Sunday’s deadline. There was a potential of a No Deal Brexit occurring this weekend, but many traders have seen these deadlines come and go before...

EURGBP Higher After Another Failed Brexit Meeting

Forex

·Dec 10, 2020, 08:54 GMT

EURGBP was higher on Thursday after Boris Johnson's dinner trip to Brussels provided little fruit. The Euro to GBP pair was up 0.75% at 0.9080 and the day ahead sees an ECB interest rate announcement.

EURGBP Rallies as Brexit Tension Starts the Week

Forex

·Dec 07, 2020, 08:38 GMT

EURGBP was trading at 0.9100 on Monday with a gain of 1% as negotiators kick off a tense day in the Brexit timeline. The day starts with a pre-dawn meeting with the 27 member countries to test the limits of a deal and there is also an ECB interest rate meeting on Thursday when the EU summit starts so a volatile week is in store for the euro pound rate.

EURGBP Could See Volatility on Brexit and ECB Meeting

Forex

·Dec 04, 2020, 09:18 GMT

The EURGBP dipped yesterday but the pound is not out of the woods with Brexit at a "critical stage". The European Central Bank also meets next week to announce their latest decision on interest rates.

EURGBP Higher After France Threatens Brexit Deal Veto

Forex

·Dec 03, 2020, 08:44 GMT

EURGBP moved higher on Wednesday after France threatened to veto any Brexit agreement if it didn't suit their terms. The move is another worry for the Brexit process...

EURGBP: Sterling Gains Versus Euro After Weak German Inflation

Forex

·Dec 01, 2020, 08:18 GMT

EURGBP was lower on Tuesday as the market absorbed weaker German inflation numbers and a buoyant U.K. housing market with a 13-yr high in mortgages.

GBPUSD Under Pressure Ahead of PM Johnson Speech

EURGBP: Brexit Talks Hit Crunch Time and Could See a Large Move

Forex

·Nov 18, 2020, 13:58 GMT

EURGBP has been trading in a range since June with the pair unable to break from a 300 pip range. Recent sterling strength has led to a test of the lower support but Brexit talks are now at a critical stage and a large move should be expected soon.

EURGBP Tilts Lower After Better UK Inflation Numbers

Forex

·Nov 18, 2020, 08:12 GMT

The EURGBP pair is little changed today as the market digests the latest UK inflation data from the UK. The...

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