EURGBP enters the overbought zoneEuro has gained a remarkable strength against the British pound during the latest round of tariff announcement from the US administration. However, from the historical studies we know that EURGBP rarely makes substantial trends, and more often it turns black having reached 2 standard deviations from
About Euro / British Pound
The Euro vs the British Pound. This pair represents a cross between the two largest economies in Europe, the Euro Zone and the United Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.
EURGBP INTRADAY overbought retracement EUR/GBP maintains a bullish bias, supported by the prevailing upward trend. Recent intraday movement indicates a corrective pullback toward a key consolidation zone, offering a potential setup for trend continuation.
Key Support Level: 0.8525 – previous consolidation range and pivotal support
Upsi
EURGBP Short Term Buy Idea Update!!!Hi Traders, on April 10th I shared this idea "EURGBP Short Term Buy Idea"
I expected bullish continuation higher from the marked Fibonacci support zones. You can read the full post using the link above.
Price reached the first key support zone, respected it and bounced higher as expected!!!
I
EURGBP Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURGBP for selling opportunity around 0.85700 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85700 support and resistance ar
EURGBP: Potential sell setup towards 0.8500?OANDA:EURGBP has reached a notable resistance level, an area that has been a clear turning point in the past, leading to some notable reversals. Given this, there is once again potential for a bearish reaction if price action confirms rejection, such as a bearish engulfing candle, long upper wick
Bullish bounce?EUR/GBP is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance that aligns with the 61.8% Fibonacci retracement.
Pivot: 0.8574
1st Support: 0.8530
1st Resistance: 0.8656
Risk Warning:
Trading Forex and CFDs carries a high level of
Bullish continuation?EUR/GBP has bounced off the pivot which is a pullback support and could rise to the 128.2% Fibonacci resistance.
Pivot: 0.8608
1st Support: 0.8527
1st Resistance: 0.8767
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of EURGBP is 0.85670 GBP — it has decreased by −0.019% in the past 24 hours. See more of EURGBP rate dynamics on the detailed chart.
The value of the EURGBP pair is quoted as 1 EUR per x GBP. For example, if the pair is trading at 1.50, it means it takes 1.5 GBP to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURGBP has the volatility rating of 0.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURGBP showed a 0.77% rise over the past week, the month change is a 2.27% rise, and over the last year it has decreased by −0.016%. Track live rate changes on the EURGBP chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURGBP is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURGBP right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURGBP technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURGBP shows the buy signal, and 1 month rating is strong buy. See more of EURGBP technicals for a more comprehensive analysis.