EUR/GBP is the forex ticker that tells traders how many British Pounds are needed to buy a Euro. It is one of the most traded currency pairs worldwide because it marries two significant European economies: the European Union (EU) and the United Kingdom (UK). Use the EUR/GBP chart to follow the live Euro-Sterling rate and read the latest news and analysis to inform your fundamental and technical analysis. Our EUR/GBP forecast provides additional insights to help you plan your trades.
$EURGBP is below the .8500 psychological level, support shows near the 2020 lows which have, similar to resistance, held two separate tests thus far in the New Year, around .8453. Get your technical analysis from @JStanleyFX here: https://t.co/S8ispWSxp2 https://t.co/ZjuLonJD8o
Look at how beautifully $EURGBP respected the upper band of its options-implied #trading range I highlighted yesterday. As I frequently point out, these ranges derived from implied #volatility on #forex options contracts statistically contains spot price action 68% of the time https://t.co/07FdtUUYce https://t.co/lMHi8qEqS3
$EUR $GBP | The Euro and Pound Sterling will be in the spotlight Wednesday’s trading session and into next week considering heavy-hitting economic data releases as well as reports from the ECB and BOE on tap.
Find out more via @DailyFX at the link below: https://www.dailyfx.com/forex/technical/home/analysis/eur-gbp/2020/01/15/eurgbp-euro-to-pound-price-action-eyes-upcoming-data-ecb-boe.html
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