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: EUR to GBP Eyes 0.900 as Germany Recession Worsens

Forex

·Jul 30, 2020, 10:35 BST

The EUR to GBP (EURGBP) pair is falling today as traders react to the weak economic data from the Eurozone....

EURGBP Recoups Most of Its Losses After Germany’s Disappointing GDP; What’s Next?

Forex

·Jul 31, 2020, 04:35 BST

After a sharp sell-off following the disappointing German GDP report yesterday, EURGBP has been able to recoup most of its losses.

EURGBP Stalled At the 50-day Moving Average

Forex

·Aug 03, 2020, 10:42 BST

EURGBP seesaws around 0.90 mark as the pair digest the manufacturing PMI data from the UK and Europe. The manufacturing sector in the UK started strong the third quarter as the new orders rise for the first time

Double Top on EURGBP Ahead of Bank of England

Forex

·Aug 04, 2020, 09:44 BST

EURGBP forms a double top as Brexit negotiations still drag on

EURGBP: Bank Of England Boosts Pound

Forex

·Aug 06, 2020, 10:25 BST

The Bank of England (BoE) kept rates unchanged at record low levels of 0.1% and left the asset purchases programme unchanged. Andrew Haldane voted against an increase of purchase UK government bonds by an additional 100 billion.

EURGBP Faces Strong Support At 0.90 Mark

Forex

·Aug 07, 2020, 10:47 BST

EURGBP slides for the second straight day but faces strong support that provides the 50-day moving average and the 0.90 mark. Yesterday the pair breached that support after the Bank of England kept the interest rates unchanged

EURGBP: British Pound Positive Momentum Persists – Now Testing 0.90

Forex

·Aug 10, 2020, 10:49 BST

EURGBP continues lower for the third consecutive trading session as the positive momentum builds around British Pound after the BOE decision and statement the previous week.