The EUR to GBP exchange rate trades in a possible bullish flag ready to pop higher. The cross pair was...
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 is on a rollercoaster lately. That is if you look at the lower timeframes....
The EURGBP was trying to recover from yesterday’s losses as the pair struggles to hold onto the higher levels. The...
The EURGBP was higher by 0.20% on Wednesday after traders shrugged off a GDP improvement in the U.K. to focus...
The EURGBP was lower yesterday after comments from the Bank of England (BoE) cooled expectations for negative interest rates. BoE...
EURGBP has drifted lower four a fourth-straight session as the market awaits a speech by European Central Bank President Christine...
EURGBP was 0.25% higher this morning despite data showing the third-highest budget deficit ever. The pair now eyes key technical...
EURGBP extends losses for the second day after the Germany IFO surveys came below the expectations. The preliminary PMI’s from the eurozone yesterday
The EURGBP has moved lower into the trading range which held prices from June and the pound will look to...
The EURGBP pair was still trading above 0.9200 and looking to test the recent highs at 0.9290. Later in the...