FX.co ★ Analytics EURGBP | Euro (EUR) to British Pound (GBP) Rate in the Forex market

EUR/USD is trading around 1.1845. During the US session, it reached the 200 EMA zone around 1.1800, and since then, we have seen a recovery in the euro. However, EUR/USD...

For the second consecutive day, the EUR/GBP pair is moving higher, breaking above the 100-day SMA amid weak data from the UK labor market. The UK Office for National Statistics...

EUR/USD is trading around 1.1827, below the 21 SMA located around 1.1861, and retreating after being rejected off strong resistance around the 50% Fibonacci retracement level. The euro is expected...

With a consolidation above 1.1900 and a sharp break of the downtrend channel, we reckon EUR/USD could reach the 6/8 Murray located at 1.1962 and could even reach the psychological...

At the beginning of the upcoming week, a generally sideways movement of the British currency can be expected. A decline toward the support zone cannot be ruled out. After that...

Given that the euro is under downward pressure, if a pullback towards the upper band of the downtrend channel occurs in the coming hours, it will be seen...

If the euro struggles to continue rising above 61.8%, it could be seen as an opportunity to open short positions, with targets at the 4/8 Murray located at 1.1782...

Gold is trading around $5,067 above the 21 SMA and showing signs of exhaustion after reaching its weekly high around $5,120. This level coincided with the 61.8% zone, which suggests...

EUR/USD is trading around 1.1905 within the uptrend channel formed since early February. We can see that the euro is consolidating around 1.1900 and is likely to reach 6/8 Murray...

Comments from ECB representatives confirm the scenario of monetary policy stability, though this limits the single currency's growth potential. Increasing political uncertainty in the UK exerts pressure on the British...