The Euro/Pound represents a cross between two biggest economies in Europe - the Euro-zone and the United Kingdom. Given the economic proximity and interdependence between the two, the pair is significantly less volatile than many other Euro or Pound based crosses. The pair is particularly sensitive to changes in monetary policy between the Bank of England and European Central Bank.
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EURGBP chart

EURGBP chart by TradingView

Pivot Points data provided by IG

Support & Resistance

S10.8689 M R30.8882 S
S20.8620 S R20.8843 M
S30.8583 S R10.8783 M


Euro Forecast: Euro Eyes Sintra ECB Forum for Next Cues

In the wake of the tumultuous rate decision last week that produced the largest single day loss of 2018 for the Euro, traders will look for the next clues on monetary policy at the ECB’s annual monetary policy conference in Sintra, Portugal.
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Analyst Picks

Nick Cawley

Nick Cawley Analyst

My Picks: EURGBP and USDJPY - Booking Profits
Expertise: Fundamental and Technical analysis
Average Time Frame of Trades: One day - Two weeks

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Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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