About Eur-Gbp and Eur-Gbp Trading
What type of currency pair is EUR/GBP?
The EUR/GBP is a minor currency pair, consisting of the Euro and the British Pound. It's not a major pair, as none of the two currencies is the U.S Dollar.
The British Pound is the quote currency, and the Euro is the base currency. The EUR/GBP currency pair shows traders how much the EUR is worth when compared to the GBP.
Drivers for the EUR/GBP currency pair
The EUR/GBP pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
Since Great Britain left the EU after Brexit, it will be interesting to monitor how this move will continue to affect the EUR/GBP price.
How can you trade the EUR/GBP currency pair?
At CAPEX.com you can follow the EUR/GBP live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the EUR/GBP pair?
Here at CAPEX.com you can trade the EUR/GBP pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.