speculative demand for pound can cause price peaks with regard to EUR GBP in the absence of a similar movement in Euro. That is associated with the equal dependence of the currencies on the EU economy and similar structural problems. To see a currency chart, select your two currencies, choose a time frame, and click to view. EUR GBP is the most popular and liquid cross rate with regard to USD. That is the most liquid cross rate in the period of the European session. Euro British pound rate copies EUR/USD chart with a high degree of accuracy, only it has less volatility.
The daytime movement rarely exceeds 70-80 points, and if we take into account the high cost of a point of this cross rate, the most intelligent intraday scalping can bring a trader a high profit. Euro British pound currency pair is especially attractive for beginners with its stable and predicted volatility. All charts are interactive, use mid-market rates, and are available for up to a 10 year time period.
The fact that the leading economy of the European Union has not switched to the common currency makes forex EUR GBP pair practically unique. The influence of US dollar on the pair dynamics is average. The following fundamental factors influence the current Euro British pound Forex forecast: the main economic indicators of Great Britain, Eurozone, and online forex Handel im islam the USA (discount rate, GDP, inflation, unemployment level, CPI, PMI, etc. The main volume: exchange transactions by ECB and the Bank of England, hedging operations, commercial and long-term option contracts). Statements made by officials and financial structures of those countries, European and American financial regulators; Monetary policy statements and events, as well as the difference between the interest rates of ECB and the Bank of England; European stock market indexes ftse 100, DAX, CAC. For confirmation a buy order is placed just above the previous high, a break. Free EUR /GBP Live Exchange Rate chart, News and Forecasts.
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