EURGBP Pairs

Introduction The EUR/GBP Pair

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EURGBP Pairs

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