💱 EURGBP (€/£) INFO & STATISTICS
ℹ️ EURGBP trades within a range of 0.57 to 0.98 but can experience long periods of upward or downward trends. It represents 2.4% of the foreign exchange market volume.
✅ EURGBP is liquid but not highly volatile and is often considered the unofficial 8th major currency pair.
✅ Historically, EURGBP has a negative correlation with GBPCHF.
📅 EURGBP Seasonal Patterns
According to our data {2000-2018}, these are the best months to go long/short on EURGBP:
🔺 BEST MONTHS FOR LONG TRADES (↑)
- DECEMBER, average returns +1.36%, times (14-4), and +0.14% momentum
RECENT 5 PERIODS: 4 bullish out of 5
RELIABILITY: A relatively reliable seasonal pattern, after 2011 (☆☆☆☆)
- FEBRUARY, average returns +0.71%, times (13-6), and -0.21% momentum
RECENT 5 PERIODS: 4 bullish out of 5
RELIABILITY: A relatively reliable seasonal pattern, after 2011 (☆☆☆)
🔻 BEST MONTHS FOR SHORT TRADES (↓)
- JANUARY, average negative returns -0.72%, times (5-14), and -0.89% momentum
RECENT 5 PERIODS: 4 bearish out of 5
RELIABILITY: A relatively reliable seasonal pattern (☆☆☆☆)
The complete statistics for the pair are provided in the book (licensed by G. Protonotarios): 🔗 The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates
🏦 EURGBP Central Banks
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☑️ The ECB was founded in 1998 and is based in Frankfurt, Germany. ☑️ It is governed by its Executive Board and the governors of the euro area’s national central banks. ☑️ Its main goals are financial stability and keeping inflation close to or below 2%. ☑️ The ECB uses a range of monetary tools, including interest rates, open market operations, and non-traditional measures like TLTROs and Quantitative Easing (QE). ☑️ The ECB’s foreign reserves are about 100 billion USD (as of 2025) and include major currencies, gold, and Special Drawing Rights (SDRs). |
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☑️ Founded in 1694, the Bank of England is the world’s second-oldest central bank. ☑️Monetary policy tools include interest rates and quantitative easing/tightening (QE/QT). ☑️ The BoE is sensitive to UK growth and inflation data. ☑️ It has a general 2% CPI inflation target. ☑️ The UK holds about 310 tonnes of gold reserves (as of 2025). ☑️ The UK’s foreign exchange reserves are about 165 billion USD (as of 2025). |
⚖️ COMPARE EURGBP BROKERS & TRADING TERMS
The table below provides a basic comparison of regulated EURGBP Forex brokers.
Table: Compare Costs when Trading EURGBP
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EURGBP FOREX BROKER |
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□ EURGBP SPREAD |
1.2 pip on EURGBP (without trading commissions) |
0.27-1.0 pip on EURGBP |
0.53 pip on EURGBP |
0.27-1.0 pip on EURGBP |
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□ TRADING COMMISSIONS |
NO |
YES $7/full traded lot |
YES $7/full traded lot |
YES $7/full traded lot |
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□ PLATFORMS |
MT4/MT5 RStocks Trader |
MT4/MT5 Ctrader |
MT4/MT5 |
MT4/MT5 Ctrader |
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□ AUTO-TRADING |
Fully Allowed Free VPS |
Fully Allowed
Free VPS |
Fully Allowed Free VPS NY4 and LD5 IBX Equinix |
Fully Allowed Free VPS |
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□ REGULATION |
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□ ACCOUNT INFO |
35 Forex pairs Min. Deposit: 200 USD Funding Methods: Cards | Bank Wire | Skrill PerfectMoney | Neteller » Review RoboForex |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
61 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | UnionPay | Neteller |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
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□ WEBSITE
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» IC Markets Website (Non-EU) |
■ EURGBP Forex Statistics
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