EUR/GBP
EURGBP0.84361GBP
Today
+0.28%
1 Week
+0.77%
1 Month
+2.18%
6 Months
+0.31%
Year to Date
+2.06%
1 Year
-1.37%
Key Data Points
Opening Price
0.84092Previous Closing Price
0.84129Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
EUR/GBP Trading Strategy
Trading Strategy
The pair could retrace.
Alternative scenario
below 0.8423, expect 0.8400 and 0.8386.
Comment
as long as 0.8423 is support look for 0.8488.
EUR/GBP News
EUR/GBP Price Forecast: Climbs above 200-day SMA shows bullish momentum
The Euro extended its gains versus the Pound Sterling on Friday, posting back-to-back bullish bars and climbing above the crucial 200-day Simple Moving Average (SMA) at 0.8425.
EUR/GBP holds positive ground near 0.8450 on weaker UK Retail Sales data
The EUR/GBP cross extends its upside to around 0.8450 on Friday during the early European trading hours.
EUR/GBP sticks to gains around 0.8635-0.8640 area after UK data/German CPI
The EUR/GBP cross attracts fresh buyers near the 0.8400 mark and stalls the previous day's sharp retracement slide from its highest level since August 23.
EUR/GBP ticks lower as rally in UK gilt yields pauses after soft inflation data
The EUR/GBP pair edges lower to near 0.8440 in Wednesday’s North American session.
GBP: Slower UK inflation should ease pressure on gilts – ING
Finally, some good news for the gilt market. December’s UK inflation – released this morning – slowed more than expected. Services CPI, which is what the Bank of England is mostly focused on, came in at 4.4% versus the consensus of 4.8%.
EUR/GBP holds positive ground near 0.8450 after UK CPI data
The EUR/GBP cross extends the rally to around 0.8445 during the early European trading hours on Wednesday.