EUR/GBP Spread Betting
Indicative EUR/GBP prices:
Click on the tabs for key stock market indices, forex and equities markets.
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Above, indicative prices from Financial Spreads: 2,500+ live prices available to Spread Betting and CFD clients.
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A price comparison table covering EUR/GBP and other popular forex markets:
| EUR / USD Daily - Spread Size |
1 |
1 |
1 |
2 |
0.8 |
1 |
1 |
1 |
| EUR / USD Daily - Min Stake |
£1 |
£0.50 |
£0.50 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
| GBP / USD Daily - Spread Size |
2 |
2 |
2 |
3 |
0.8 |
2 |
2 |
2 |
| GBP / USD Daily - Min Stake |
£1 |
£0.50 |
£0.50 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
| EUR / GBP Daily - Spread Size |
1 |
2 |
2 |
1 |
1 |
1 |
1 |
3 |
| EUR / GBP Daily - Min Stake |
£1 |
£0.50 |
£0.50 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
| USD / JPY Daily - Spread Size |
0.8 |
2 |
1 |
2 |
0.8 |
0.8 |
0.8 |
3 |
| USD / JPY Daily - Min Stake |
£1 |
£0.50 |
£0.50 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
Comparison Notes.
Where Can I Spread Bet on EUR/GBP? |
At the moment, investors are able to spread bet commission free on EUR/GBP through these spread betting firms:
EUR/GBP Market Analysis and Trading News
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| 17-May-13 |
[7:34am] The Euro was mixed against its major counterparts.
In Europe, euro zone CPI fell 0.1% in April, as expected, after a 1.2% gain the month before. YoY prices gained 1.2%.
Update by 
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| 17-May-13 |
[6:35am] EUR/GBP Technical Analysis:
Pressure remains for a move lower while below the £0.8507 trend line resistance from the March highs at £0.8795 and the 200-week MA at £0.8520. This remains the main obstacle to a move higher.
The £0.8400 level continues to look fairly solid, but a break below £0.8400 has the potential to open up a move towards the £0.8315 trend line support from the £0.7755 low.
Update by Michael Hewson, Senior Market Analyst, 
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| 17-May-13 |
[4:00am] The GBP is trading 0.2% lower against the USD at $1.5248, slightly lower against the EUR at €1.1855, and 0.1% down against the JPY at ¥155.92.
The EUR is trading 0.2% lower against the USD at $1.2862 and marginally lower against the JPY at ¥131.53, as investors await the release of construction output data from the Eurozone to get further direction.
The USD is trading 0.1% higher against the JPY at ¥102.27, amid speculation that the Fed minutes next week will reveal a hawkish tone following the comments from San Francisco Fed President John Williams.
Yesterday, the USD ended lower against its major counterparts, following weaker-than-forecast reports on US unemployment claims, housing and inflation.
However, the greenback managed to claw back some of its losses, after San Francisco Fed President John Williams stated that the central bank might taper quantitative easing, possibly as early as the summer. This is based on whether the economy grows in line with his forecasts.
The EUR fell against the GBP, as investors speculated that the ECB might extend its monetary stimulus measures to revive growth in the region. The EUR also fell, as data indicated that region's annual inflation rate declined to 1.2% in April from 1.7% in March.
The AUD slipped against majority of its 16 counterparts, amid rising concerns that a slowdown in global growth would hurt commodity prices.
Update by Ishaq Siddiqi, Market Analyst, 
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» More forex trading views and analysis.
This content is for information purposes only and is not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Unless stated otherwise, the above time is based on when we receive the data (London time). All reasonable efforts have been made to present accurate information. The above is not meant to form an exhaustive guide. Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Where Can I Find Live Spread Betting Prices and Charts for EUR/GBP? |
If you're interested in the daily spread betting market then we show pretty accurate EUR/GBP prices, please see above.
The real-time CFD chart below will provide readers with a valuable guide to the EUR/GBP forex market.
The Plus 500 chart above normally uses the EUR/GBP futures price.
If you want to analyse live spread betting charts and prices for EUR/GBP, one option is to use a spread betting account.
A spreads account would also let you access the shorter-term daily prices. Please note that opening an account is subject to suitability, status and credit checks.
Should your application be accepted then you can log on and study the live trading charts/prices. These are usually provided as part of the service. However, the catch is that you will probably get the odd sales call and/or boring email from your spread betting provider.
If you were to trade then, before starting, you should note that contracts for difference and financial spread betting involve a high level of risk and it is possible to incur losses that exceed your initial deposit.
Technical Charting Packages for EUR/GBP |
Although the specific forex charting packages normally vary from firm to firm, in order to help your technical analysis, the majority of charts come with:
- An array of intervals such as 3 minutes, 15 minutes, 2 hours etc
- Different displays such as bar charts and candle charts
- Tools for drawing features such as Trendlines, Fibonacci Arcs, Fans and Time Zones
- Indicators such as Moving Average, Relative Strength Index etc
The Financial Spreads charting package also comes with:
- BackTesting tools
- Automated email alerts when the markets hit a pre-determined level
Example chart from Financial Spreads
The financial spread betting brokers in the list below provide their users with live trading prices and charts:
Advert:
EUR/GBP Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/GBP with
Financial Spreads.
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Where Can I Spread Bet on EUR/GBP for Free? |
Trading is inherently risky but if you want to open an entirely free Test Account, where you can practice spread betting, then please see below for more details.
When deciding which trading option might work for you, also remember that spread trading, in the UK, is exempt from stamp duty, income tax and capital gains tax*.
If you're looking for a free forex trading site then you should keep in mind that you can trade EUR/GBP without paying any commissions or brokers' fees through providers like:
If you want a free Practice Account so you can try spread betting on markets like EUR/GBP, the FTSE 100 and gold, then it's worth taking a closer look at:
All of the above provide a risk free Practice Account that lets investors try out new trading theories, review charts and apply an array of trading orders, like GFD, OCO and stop loss orders.
How to Spread Bet on EUR/GBP? |
As with many global markets, you are able to speculate on forex rates, such as EUR/GBP, to either rise or fall.
If we use a platform like Financial Spreads, we can see that they are currently offering the EUR/GBP Rolling Daily market at £0.80031 - £0.80041. Therefore, an investor could spread bet on the EUR/GBP pair:
 Going higher than £0.80041, or
 Going lower than £0.80031
Whilst financial spread trading on EUR/GBP you trade in £x per point where a point is £0.00010 of the pairs movement. So, should you choose to risk £3 per point and EUR/GBP moves 30.0 points then there would be a difference to your bottom line of £90. £3 per point x £0.00300 = £3 per point x 30.0 points = £90.
Rolling Daily Foreign Exchange Markets
You should note that this is a Rolling Daily Market which means that there is no closing date for this market. If a trade is still open when the markets close at the end of the day, it simply rolls over to the next session.
If your forex trade does roll over then you normally pay a small overnight financing fee. For more details about overnight fees and a worked example please see Rolling Daily Spread Betting.
EUR/GBP Rolling Daily - FX Spread Betting Example |
If we continue with the above spread of £0.80031 - £0.80041 and assume:
- You have done your forex analysis, and
- Your analysis suggests that the EUR/GBP rate will push above £0.80041
Then you might decide to buy at £0.80041 for a stake of £4 per point.
With this spread bet you gain £4 for every point (£0.00010) that the EUR/GBP pair moves higher than £0.80041. On the other hand, this trade also means you will lose £4 for every point that the EUR/GBP market moves lower than £0.80041.
Thinking of this in a slightly different way, if you buy a spread bet then your profits (or losses) are found by taking the difference between the final price of the market and the price you bought the spread at. You then multiply that price difference by your stake.
As a result, if after a few hours the EUR/GBP market rose then you might want to close your trade and therefore guarantee your profits.
If that happened then the spread might move to £0.80361 - £0.80371. To close your trade you would sell at £0.80361. So, with the same £4 stake your profit would come to:
Profit = (Closing Level - Opening Level) x stake
Profit = (£0.80361 - £0.80041) x £4 per point stake
Profit = £0.00320 x £4 per point stake
Profit = 32.0 points x £4 per point stake
Profit = £128.00 profit
Financial spread trading doesn't always go to plan. With the above, you wanted the forex pair to rise. Of course, a currency rate can also fall.
If the EUR/GBP market had fallen then you might choose to close your trade to stop any further losses.
If the market fell to £0.79685 - £0.79695 then you would sell back your position at £0.79685. That would mean you would lose:
Loss = (Closing Level - Opening Level) x stake
Loss = (£0.79685 - £0.80041) x £4 per point stake
Loss = -£0.00356 x £4 per point stake
Loss = -35.6 points x £4 per point stake
Loss = -£142.40 loss
Note - EUR/GBP Rolling Daily FX market correct as of 11-Sep-12.
Advert:
EUR/GBP Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on EUR/GBP with
Financial Spreads.
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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'EUR/GBP Spread Betting' by DB, updated 17-May-13
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