EURGBP=X - EUR/GBP

CCY - CCY Delayed price. Currency in GBP
0.8829
-0.0007 (-0.08%)
At close: 10:30PM BST
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Previous close0.884
Open0.884
Bid0.883
Day's range0.882 - 0.887
52-week range0.8636 - 0.9261
Ask0.883
  • Euro Steady Ahead of ECB Meeting Minutes Release
    FX Empire3 days ago

    Euro Steady Ahead of ECB Meeting Minutes Release

    the ECB will be releasing its monetary policy meeting minutes. The minutes cover the June ECB meeting where policymakers announced a taper to the QE program and an exit from QE by December 2018.

  • The Pound Continues to Weaken as UK Political Uncertainty Prevails, Global Stocks Rise
    FX Empire5 days ago

    The Pound Continues to Weaken as UK Political Uncertainty Prevails, Global Stocks Rise

    Cable (GBPUSD) took a hit yesterday as Boris Johnson resigned from the Cabinet following the earlier decision by David Davis to part ways with his post as Brexit Secretary. Global stocks rise on Tuesday morning ahead of US earnings season.

  • MarketWatch6 days ago

    Brexit blowup sends British pound on rollercoaster ride

    Britain’s pound was in focus on Monday, first rallying after the resignation of U.K. Brexit Secretary David Davis, but then falling after Foreign Secretary Boris Johnson also quit. While Davis’s comments on May being a good leader and his replacement with leave campaigner and former housing minister Dominic Raab was seen as supportive of the pound, Johnson’s resignation was perceived as another sign of the fragility of Prime Minister Theresa May’s government and thus negative. The move is seen raising the chances May will face a formal leadership challenge.

  • Pound Still Afraid of Brexit
    FX Empire11 days ago

    Pound Still Afraid of Brexit

    The British Pound is looking rather sad on the currency market today. It’s not only because of the USD behavior, that puts pressure on other traded currencies. Another reason is that investors are trying to avoid any risks that are connected with the Pound, including the Brexit complications.

  • Draghi Sticks to the Baseline. Cites Risks from Trade, Oil Prices and Market Volatility
    FX Empire20 days ago

    Draghi Sticks to the Baseline. Cites Risks from Trade, Oil Prices and Market Volatility

    The European Central Bank president, Mario Draghi was speaking at the banking conference event in Portugal last week. The main take away from the speech was that the ECB president promised that the ECB would take time to hike interest rates.

  • EUR/GBP Weekly Price Forecast – continued consolidation
    FX Empirelast month

    EUR/GBP Weekly Price Forecast – continued consolidation

    The EUR/GBP pair went back and forth during the trading sessions that make up the week, as we continue to find the 0.88 level above resistive enough to keep this market down. However, I think that the sideways action of this market keeps a lot of longer-term traders on the sidelines.

  • EUR/GBP Price Forecast – Euro rallies against Sterling on Friday
    FX Empirelast month

    EUR/GBP Price Forecast – Euro rallies against Sterling on Friday

    The Euro rallied against the British pound during the day on Friday, continuing the choppiness that we have seen over the last couple of days. We sold off rather drastically on Thursday, have bounced towards the 0.8750 level a couple of times, but have yet to break above there.

  • FX Empirelast month

    EUR/GBP Price Forecast – noisy after ECB meeting

    The European Union had a press conference and interest rate meeting during the day on Thursday, which of course was unchanged. However, they did step down the quantitative easing, dropping from buying €30 billion per month and the bond market to only buying €15 billion per month, which of course is the next step in a tightening cycle.

  • FX Empirelast month

    EUR/GBP Price Forecast – Euro shows strength against Sterling again

    The Euro rallied significantly during the trading session on Wednesday, reaching towards the 0.8825 level again. This is a significant resistance barrier that continues to keep the market somewhat under wraps, but by the end of the day we should see some clarity as the European Central Bank will have a statement today.

  • EUR/GBP Price Forecast – Euro rallies against Pound on Tuesday
    FX Empirelast month

    EUR/GBP Price Forecast – Euro rallies against Pound on Tuesday

    The EUR/GBP pair has rallied significantly during the day on Tuesday, using the 0.88 level as a bit of a springboard. Now that we are reaching towards the 0.8850 level, if we can break above there it’s likely that we could continue to go even higher. Once we break above there, I suspect that the 0.89 level will be targeted.

  • Euro rallies against Sterling again on Monday
    FX Empirelast month

    Euro rallies against Sterling again on Monday

    The Euro rallied against the British pound on Monday, as we have seen bridge pound weakness in general. I believe that the market should continue to go higher, if we can finally break above the 0.8835 level. A move above there should send this market to the 0.89 handle.

  • A Bullish Short-Term View on the Euro
    FX Empirelast month

    A Bullish Short-Term View on the Euro

    The breakaway gap in the Euro (in this article, we use “Euro” to refer to the currency pair EUR/USD) on the 24th of April 2017 on the back of positive first round French election results that weekend broke through a resistance trendline from 2014, a 5-month ascending triangle and the 200-day moving average. It heralded a reversal in the trend of the Euro and what followed was a near 1-year rally that took the price from 1.087 to a high of 1.2558, a rise of 15.5%. After consolidating in a symmetrical triangle, the Euro broke to the downside and has been falling for over a month now.

  • Euro rallies against British pound but fails at major round number for the week
    FX Empirelast month

    Euro rallies against British pound but fails at major round number for the week

    The Euro rallied significantly during the week, breaking above the 0.88 level. The 0.88 level has caused both support and resistance as of late, so it’s not a huge surprise that we pull back from there. Overall, this is a market that continues to be very noisy.

  • Euro falls initially against Pound on Friday but recovers
    FX Empirelast month

    Euro falls initially against Pound on Friday but recovers

    The Euro fell initially during the trading session on Friday but found enough support underneath the turn around and rally towards the 0.88 level again. If we can break above that level, the market should continue to go much higher, perhaps reaching towards the highs again at the 0.8840 level.

  • FX Empirelast month

    Euro spikes against Sterling on Thursday

    The Euro spiked against the British pound during the trading session on Thursday, slicing through the 0.88 level after it was announced that the United Kingdom could be leaving the customs union after breaking away from the European Union. That of course makes sense, and I think that what we have seen is a bit of algorithmic trading gone wild.

  • EUR/USD: The Aftermath of ECB Declarations
    FX Empirelast month

    EUR/USD: The Aftermath of ECB Declarations

    Market Focus, Key findingsECB’s Weidmann says first ECB Rate Hike could follow the end of Quantitative Easing more closely than in the USAIndustrial Producer Prices rose by 0.1% in the EURO AREA (EA19) and by 0.2% in the EU28European Commission forecasts EURO ZONE inflation will accelerate to 1.6 pct YoY in 2019 from 1.5 pct YoY seen in 2018

  • Euro rallies against Sterling during the trading session on Wednesday
    FX Empirelast month

    Euro rallies against Sterling during the trading session on Wednesday

    The Euro rallied a bit against the British pound during the trading session on Wednesday, reaching towards the 0.88 level yet again. The market continues to be very range bound in general, so it wouldn’t surprise me at all that we would go looking towards the region above, where I would see a lot of resistance again.

  • Euro falls significantly against Sterling on Tuesday
    FX Empirelast month

    Euro falls significantly against Sterling on Tuesday

    The Euro fell significantly during the trading session on Tuesday, reaching down towards the 0.8725 handle before bouncing slightly. The market continues to be very noisy, and more importantly they tend to be range bound.

  • MarketWatchlast month

    Euro turns higher on report ECB to weigh QE exit plans

    The euro turned positive on Tuesday following reports that the European Central Bank would use its next policy meeting to discuss an exit from its quantitative easing program. Expectations for the ECB to normalize its monetary policy had waned in recent months as European economic data was sluggish and political developments in Italy took center stage. Market participants questioned whether the ECB could afford to halt bond buys if the economic recovery was slowing and Italy's government was euroskeptic.

  • GBP Tests Recent Supports as New Resistances
    FX Empirelast month

    GBP Tests Recent Supports as New Resistances

    Everything is happening in a flag pattern. Cable is locked inside the flag and between the horizontal resistance on the 1.34 and the horizontal support on the 1.33. Here, we do have a double bottom formation along with the flag pattern.

  • Euro rallies against Sterling on Monday
    FX Empirelast month

    Euro rallies against Sterling on Monday

    The Euro rallied significantly against the British pound during the Monday session, as we continue to see a lot of volatility in this pair. I think that the market will continue to hang about in the same consolidation area, with the same support and resistance driving the overall attitude of this market.

  • Euro falls against British pound, but recovers to form a hammer
    FX Empirelast month

    Euro falls against British pound, but recovers to form a hammer

    EUR/GBP traders sold during most of the week but found a bit of a reprieve later on. Ultimately, it looks as if the market will continue to be very tight, and that makes a lot of sense considering how many moving pieces there are in this marketplace right now.

  • EUR/GBP continues to be consolidation at best
    FX Empirelast month

    EUR/GBP continues to be consolidation at best

    The Euro initially trying to break above the vital 0.88 level against the Japanese British pound but has failed again. This is a market that continues to consolidate overall, and as we are in the middle of the range, there’s not much to be said in general. I think that the market will probably continue to be very skittish, but more importantly: range bound.

  • Euro continues to be very noisy against Sterling
    FX Empirelast month

    Euro continues to be very noisy against Sterling

    The Euro went back and forth against the British pound during the trading session, initially trying to rally during the day on Thursday, but found enough resistance above near the 0.8790 level to rollover and go lower. I believe that longer-term, this market will continue to go lower as the European Union needs to deal with the Italian situation.

  • What Happens if Italy Leaves the Euro?
    FX Empirelast month

    What Happens if Italy Leaves the Euro?

    Though there still remains a significant amount of uncertainty, recent populist movements in Italy have created the possibility of ending the national use of the Euro. Naturally, as a nation of over 60 million and the third largest nation in the Eurozone (after Germany and France), Italy’s abandonment of the Euro could spark a wide variety of far-reaching changes.