EUR/GBP exchange rate (EURGBP) — live chart
Follow the live Euro / British Pound price and chart, check the contract specifications and see what moves EURGBP.
Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About Euro / British Pound
EUR/GBP is the exchange rate between the euro and the British pound. The price shows how many British pounds one euro buys: when EURGBP rises, the euro is strengthening against the British pound; when it falls, it is weakening. Traders often call it "Chunnel".
EUR/GBP is a cross pair: neither side is the US dollar, so its price reflects the balance between the euro area and the United Kingdom directly. The euro is the shared currency of the euro-area countries and is the second most widely held reserve currency. The British pound is one of the oldest currencies still in use and is traded heavily in London, the largest forex centre.
On Xellion's MT5 platform EURGBP is traded as a CFD, so you can go long or short without exchanging either currency. One standard lot is 100,000 euros, and one pip is 0.0001.
What moves the price
- The gap between interest rates set by the European Central Bank and the Bank of England, and expectations for where they go next
- Euro-area inflation and growth data, especially from Germany
- Business surveys such as the euro-area PMIs
- UK inflation, wage and jobs data
- UK budget announcements and political news
- Trade flows and major economic releases from the euro area and the United Kingdom
| Symbol | EURGBP |
|---|---|
| Contract size | 100,000 EUR |
| Leverage | Up to 1:2000 |
| Trading hours | 24 hours a day, Monday to Friday |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
EURGBP questions
What does the EURGBP price mean?
It is the number of British pounds needed to buy one euro. A rising price means the euro is gaining against the British pound; a falling price means it is losing ground.
When is EURGBP most active?
Like all major FX pairs, EURGBP trades around the clock on weekdays, but it is usually busiest during the London session, when markets for both currencies are open.
How much is one pip worth on EURGBP?
A pip on EURGBP is 0.0001. On one standard lot of 100,000 euros that is 10 GBP per pip, converted into your account currency. The pip calculator works it out for any lot size.
How much margin do I need for one lot of EURGBP?
Margin is the position value divided by your leverage. One lot is 100,000 euros, so at 1:500 you need 200 EUR and at 1:100 you need 1,000 EUR, converted into your account currency. Leverage up to 1:2000 is available depending on your account; the margin calculator gives the exact figure.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure