EUR/GBP

EUR/GBP | Latest news

EUR/GBP rises to near 0.8350, awaits BoE Governor Bailey's speech

EUR/GBP extends its gains for the second consecutive day, trading around 0.8350 during the European hours on Tuesday.

The Forex Market - 3 hours ago

EUR/GBP tumbles to near 0.8300 as traders brace for ECB’s Lagarde speech

EUR/GBP loses traction to around 0.8315 in Monday’s early European session. The BoE said it would be...

The Forex Market - 1 day ago

EUR/GBP Price Forecast: Gains ahead of BoE’s policy decision

The EUR/GBP pair rises to near 0.8333 in Thursday’s European session.

The Forex Market - 5 days ago

EUR/GBP softens below 0.8350 as traders brace for BoE rate decision

EUR/GBP weakens to around 0.8320 in Thursday’s early European session. Concerns about Trump’s trade...

The Forex Market - 5 days ago

EUR/GBP rallies to near 0.8380 after BoE’s dovish interest rate decision

EUR/GBP refreshes weekly high near 0.8380 after the BoE reduced its interest rates by 25 bps to 4.5%, as expected. Surprisingly, BoE policymaker Catherine Mann supported a larger-than-usual ...

The Forex Market - 5 days ago

EUR/GBP: Monday’s low around 0.8250 might out of sight for now – Rabobank

GBP has unwound some of the gains it made against the EUR yesterday indicating that the market is not convinced that the pound is a robust hedge against the likelihood of a step up in trade ...

The Forex Market - 7 days ago

EUR/GBP rises to near 0.8350, upside seems limited due to potential Trump’s...

EUR/GBP gains ground due to the increased likelihood of more BoE rate cuts in 2025. BoE’s Bailey signaled additional rate cuts with the market expecting two or three more cuts throughout the ...

The Forex Market - 4 days ago

Pound Sterling faces pressure as BoE Mann guides dovish monetary policy outlook

The Pound Sterling is under pressure on Tuesday as BoE official Catherine Mann is concerned over weak demand and guides cracks in the labor market. US President Trump imposes 25% tariffs on ...

The Forex Market - 4 hours ago

USD/JPY ticks higher to near 152.00, Fed Powell’s testimony in focus

The USD/JPY pair inches higher to near 152.00 in Tuesday’s European session but trades inside...

The Forex Market - 46 minutes ago

BoE: Gradual quarterly cuts remain our base case

At today's monetary policy meeting the BoE cut the Bank Rate by 25bp to 4.50%, as was widely expected. In line with our view, the BoE delivered a dovish...

The Forex Market - 5 days ago

About EUR/GBP

The EUR/GBP currency pair represents the exchange rate between the Euro (EUR) and the British Pound (GBP). It is one of the most traded currency pairs in the foreign exchange market, reflecting the economic relationship between the Eurozone and the United Kingdom. The value of this pair fluctuates based on various factors like interest rates, economic data, and political events within these regions. Traders often monitor EUR/GBP for insights into European and UK economic health, using technical analysis and trading signals to capitalize on market movements.

EUR vs GBP FAQ

What factors influence the EUR/GBP exchange rate?


The EUR/GBP exchange rate is influenced by economic data (GDP, inflation, employment reports), central bank policies (ECB and BoE), interest rates, and political events like Brexit or elections in Europe or the UK.

What are the best times to trade EUR/GBP?


The most active trading times for EUR/GBP are during the London and European trading sessions (8 AM to 4 PM GMT). Volatility tends to peak when economic reports from the Eurozone or UK are released.

What is the spread when trading EUR/GBP?

The spread varies depending on the broker, but EUR/GBP typically has a low spread due to its high liquidity. Spreads can widen during periods of high volatility or low liquidity, such as during major news events.

How can I use technical analysis for EUR/GBP trading?


Traders use tools like moving averages, support and resistance levels, Fibonacci retracement, and oscillators (RSI, MACD) to identify trends and potential entry or exit points for EUR/GBP trades.

What is the minimum amount required to trade EUR/GBP?

The minimum amount depends on your broker and the account type. Many brokers offer micro or mini accounts where you can start trading with as little as $100, though larger capital may be needed for higher leverage or margin requirements.

Is EUR/GBP suitable for day trading?

Yes, EUR/GBP is a popular pair for day traders due to its relatively stable price movements and high liquidity. Traders often focus on short-term strategies like scalping or swing trading during active market hours.

What role does Brexit play in EUR/GBP trading?


Brexit has had a significant impact on EUR/GBP volatility, particularly during key negotiation periods. Ongoing UK-EU relations, post-Brexit trade deals, and regulatory changes can continue to influence the pair’s value.

Can AI-based trading signals help with EUR/GBP trades?


Yes, AI-based trading signals analyze large sets of data, including market trends and news, to generate real-time insights and trade recommendations. Many traders use these signals to enhance their decision-making and automate strategies.

What is the best trading strategy for EUR/GBP?


Popular strategies include trend following (using moving averages or trend lines), breakout trading, and range trading. Many traders also incorporate technical indicators and news analysis to fine-tune their approach.

What are the risks of trading EUR/GBP?


Like any forex pair, EUR/GBP trading comes with risks, including market volatility, leverage risks, and political uncertainties in Europe and the UK. It’s essential to use risk management tools like stop-loss orders and limit your leverage.