The EUR/GBP (EURGBP) is one of the most traded Forex cross-currency pairs, representing the exchange rate between the euro (EUR) and the British pound (GBP), also known as Sterling. Often referred to as the "Euro Sterling" pair, EURGBP reflects the relative strength of the Eurozone and United Kingdom economies and is one of the most closely watched European currency pairs.
The EUR/GBP exchange rate is primarily influenced by monetary policy decisions from the European Central Bank (ECB) and the Bank of England (BoE), inflation, interest rates, economic growth, employment data, and political developments in Europe and the United Kingdom. Unlike many major Forex pairs, EURGBP is less affected by global risk sentiment and more focused on the economic and policy differences between the Eurozone and the UK.
This page provides EUR/GBP forecasts, technical analysis, economic calendar events, key support and resistance levels, forward points, margin data, market statistics, and regularly updated trading insights.
EUR/GBP (EURGBP)
The EUR/GBP exchange rate is primarily influenced by monetary policy decisions from the European Central Bank (ECB) and the Bank of England (BoE), inflation, interest rates, economic growth, employment data, and political developments in Europe and the United Kingdom. Unlike many major Forex pairs, EURGBP is less affected by global risk sentiment and more focused on the economic and policy differences between the Eurozone and the UK.
This page provides EUR/GBP forecasts, technical analysis, economic calendar events, key support and resistance levels, forward points, margin data, market statistics, and regularly updated trading insights.
Trading Specifications EUR/GBP
ℹ INFO
| Specification | Details |
|---|---|
| Symbol | EUR/GBP (EURGBP, Chunnel) |
| Asset Class | Forex Cross Currency Pair |
| Base Currency | Euro (EUR) |
| Quote Currency | British Pound (GBP / Sterling) |
| Min. Price Increment | 0.0001 (1 pip) |
| Trading Hours | 24 hours, Monday–Friday |
| Most Active Trading Period | 07:00–16:00 UTC (European and London sessions) |
| Key Market Drivers | European Central Bank decisions, Bank of England policy, Eurozone CPI, UK CPI, GDP, employment data |
| Correlation | Primarily driven by relative strength between EUR and GBP rather than broad USD movements |
Marginal Data EUR/GBP
Margin
$1500
2026-07-29
Point Cost
$12.50
per 1 pp
Points
120 pp
margin / cost
Economic Calendar (High Impact Events) EURGBP
Current Week (27.07–02.08)
| Time | Event | Cur. | Actual | Forecast | Prev. | Eff. |
|---|---|---|---|---|---|---|
| 30.07 12:00 | Consumer Price Expectations | EUR | 40.0 | 34.0 | — | |
| 30.07 14:00 | BoE Interest Rate Decision | GBP | 3.75% | — | ||
| 30.07 16:15 | BoE Governor Bailey Speech | GBP | — | |||
| 31.07 12:00 | CPI y/y | EUR | 2.9% | 2.8% | — | |
| 27.07 11:00 | ECB Households Loans y/y | EUR | 3.0% | 3.0% | 3.0% | — |
| 28.07 01:00 | Jobseekers Total | EUR | 3121500.0 K | 3081.5 K | 3115600.0 K | — |
| 28.07 09:00 | Nationwide HPI m/m | GBP | 0.2% | 0.0% | — | |
| 28.07 09:00 | Nationwide HPI y/y | GBP | 1.8% | 2.2% | — |
🎯 Key Levels (Pivot Points) Euro vs British Pound
R3
0.86024
0.86024
R2
0.8586
0.8586
R1
0.85774
0.85774
Pivot
0.8561
0.8561
S1
0.85524
0.85524
S2
0.8536
0.8536
S3
0.85274
0.85274
🟢 Close (0.85688) above Pivot (0.8561). Bulls in control on Open 29.07.2026
Latest News EURGBP
29.07.2026
BMW Offers Severance Packages to Employees to Cut 8,000 Jobs
BMW AG is offering voluntary severance packages to thousands of its workers in Germany, as the carmaker tries to become leaner to better compete with rivals from China.
29.07.2026
SK Hynix Slumps as Profit Misses; US Intercepts Iran Attack on Bases | Daybreak Europe 7/29/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today'...
29.07.2026
Key Takeaways From Trump and Netanyahu's Meeting
US President Donald Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the White House for talks on Tuesday. The Israeli prime minister pressed the US to ensure Iran never acquires nuclear weapons. Netanyahu was in Washington for the funeral of Senator Lindsey Graham, a longtime Iran hawk. ...
29.07.2026
US Intercepts Iran Attack on Bases, Puncturing Calm
The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
29.07.2026
Aston Martin’s Quarterly Loss Deepens as Turnaround Stumbles
Aston Martin Lagonda Global Holdings Plc’s losses are widening as the troubled British carmaker struggles to gain momentum with its latest turnaround effort.
28.07.2026
Gold Wavers as Fed Rate Decision Looms and Mideast Tensions Rise
Gold wavered ahead of a finely balanced interest-rate decision by the US Federal Reserve due later Wednesday, while fighting escalated in the Middle East after a brief lull.
28.07.2026
Forex Forecasts – US Dollar Flexes Strength Across EUR/USD, GBP/USD, and USD/CHF
The US dollar continues to flex its muscles early on Tuesday.
FAQ Chunnel
What is EUR/GBP (EURGBP)?
EUR/GBP is the exchange rate between the euro and the British pound. It shows how many pounds are needed to buy one euro and is one of the most actively traded European currency pairs.
What is EUR/GBP also called?
EUR/GBP is often referred to as Euro Sterling because it compares the euro with the British pound, also known as Sterling in financial markets.
What moves the EUR/GBP exchange rate?
EUR/GBP is mainly influenced by differences between European Central Bank and Bank of England policies, inflation, interest rates, economic growth, and political developments in the Eurozone and UK.
Why is EUR/GBP different from EUR/USD?
Unlike EUR/USD, EUR/GBP is not primarily driven by U.S. dollar movements. Instead, it reflects the relative economic strength and monetary policy differences between the Eurozone and the United Kingdom.
When is EUR/GBP most active?
The highest trading activity usually occurs during the European and London trading sessions, when economic data from the Eurozone and UK is released.
Can technical analysis be used to trade EUR/GBP?
Yes. Traders commonly use support and resistance levels, moving averages, RSI, MACD, and trend analysis while also monitoring ECB and Bank of England announcements.
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