The EUR to GBP (EURGBP) pair is relatively volatile today as traders remain focused on the American election. It is...
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 moved in tight ranges recently. In fact, since May this year, the cross pair...
EURGBP was 0.25% higher on Monday as U.K. Prime Minister Boris Johnson joined European nations in enforcing a month-long lockdown. The PM announced at Downing Street on Saturday that stricter measures would be applied in England, which included closing pubs, restaurants, gyms, non-essential businesses, and places of worship.
The EUR to GBP exchange rate continued to come down from almost 0.93, a level reached in the first part...
EURGBP is trading 0.23% lower in the morning session but the European Central Bank meeting later could light the fuse for the pair. The pound is stronger as Europe moves to strict virus lockdowns.
EURGBP rallied on Friday to hold the recent lows and this sets the pair up for further potential gains on the week. Today sees the release of German IFO numbers...
The EURGBP is looking for the next direction after the pound saw strong gains on the return of Brexit talks...
The EUR to GBP exchange rate moved sharply lower yesterday. The news that the European Union and the United Kingdom...
EURGBP moved to test resistance yesterday and the pair is now looking to breakout higher. The euro will have to...
EURGBP is flat in today’s session but is pointing at higher prices as the chess match over Brexit continues. The...