EURGBP – Rate, Chart, Analysis & News

EUR/GBP is a Forex ticker that represents the price it will cost you in British Pounds to buy 1 Euro. FX currencies are shortened to three-letter abbreviations for ease and are called ISO codes. The Forex market trades in these currency pairs and have a quote structure of Base/Quote (EUR/GBP).

The live EUR/GBP rate is shown below in an interactive chart that you can use for technical analysis. Our real-time news and analysis will keep you up to date with factors affecting the price movements of EUR/GBP, both fundamental and technical.

EUR/GBP Currency Chart

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EUR/GBP Explained


The EUR/GBP currency pair represents the pairing of the currencies for 2 global powerhouses , the EURO, the currency of countries within the EU  against the Great British Pound. The value of this currency pair is based on how the price of the GBP compares to 1 EUR.

This is one of the more popular currency pairings for those looking to get exposure into the UK and European markets as a whole.

What influences price of EUR/GBP


It goes without saying that Europe and the UK occupy a significant role within the global economy, as a result there are internal/external factors which could influence price movements. These include factors related to general production or output. These come in the form of rate decisions by the ECB(European Central Bank) and BOE (Bank of England)respectively, to GDP numbers within the UK or EU member states, Unemployment rates, retail sales etc. Depending on the data we will traditionally see the GBP weaken or strengthen against EUR. News which is positive for EUR may see a weaker GBP and negative news or data for EUR will see GBP gain on the base currency.

The biggest such example of a significant move in EUR/GBP trading in 2019 came when we saw GBP move from £0.93 in August to £0.85 in November. 

This run was caused by Brexit tensions rose, leading to the UK government calling for a general election.



What is the best broker to trade the EUR/GBP pair?

There are many online brokers that support day trading of the EUR/GBP pair. We are constantly evaluating new and existing brokers to recommend the most reliable ones. For more information, you can go to our page that reviews and compares the best Forex brokers to learn more about the different platforms where you can trade EUR/GBP.

When I trade the EUR/GBP pair will I own the actual currency?

No. CFDs allow you to speculate on rises and falls in the currency pair without having physical ownership. With CFDs, you only have to put in a fraction of the market value of the underlying asset when making a trade. Unlike investing, when you trade CFDs, you are not buying or trading the underlying asset. What you are buying/selling is a contract between yourself and the CFD provider.  


How to trade the EUR/GBP pair?

Trading the EUR/GBP pair is connected to a lot of volatility in price movements,  which can often be sharp and unexpected. This pair is ever changing due to the various factors which influence it. As a result of this, it is necessary to have a large level of margin in the event you have errors in entering a position in times of volatility. Traders should also consider where they place stop losses to avoid quick and big losses should the markets go against them, and take profits, to secure gains from winning trades. 


EUR/GBP Price Analysis