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The EUR/GBP currency cross (Euro/British Pound) is the relation of the Euro against the British Pound. The EUR/GBP cross currency gives one the possibility to convert euros directly into Pounds. (1 EUR per x GBP)
Forex Knowledge: Trading the Euro/British Pound
- Typical broker spread: 2.2-5 pips
- Currency pair type: cross
- EUR/JPY Nickname(s): Chunnel
- Most active trading sessions: Euro session and US session
- Most active trading hours: 6:00 GMT – 17:30 GMT
- Average daily range (high-low): 95 pips
- Trading strategies to trade EUR/GBP: Click here
- Recommended level of trading experience: Advanced
- Value of one pip EUR/GBP: Variable
Economic Events That Move The Euro/Japanese Yen
A. EURO-ZONE
- Trade Balance (Euro Zone)
- Gross Domestic Product (Euro Zone)
- Consumer Price Index (CPI) (Euro Zone)
- ZEW Survey (Euro Zone)
- ECB Rate Announcement and Press Conference
- Current Account (Germany)
- Trade Balance (Germany)
B. United Kingdom
- Current Account
- Trade Balance
- Non-EU Trade Balance
- Visible Trade Balance
- Gross Domestic Product (GDP)
- NIESR GDP Estimate
- Consumer Price Index (CPI)
- BOE Rate Decision
- Bank of England Meeting Minutes
