EURGBP - Euro / British Pound
Trading Conditions
* Only if Margin Level > 100%
** Abnormal market conditions refer to Section 10.6 in Order Execution Policy of FxPro Financial Services Ltd, in point 10.7 in Order Execution Policy of FxPro UK Limited and in point 10.6 in Order Execution Policy of FxPro Global Markets Ltd.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
Fixed spreads shall only apply for ‘Instant Orders;’ all other order types shall be subject to the Order Execution Policy.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The EUR/GBP currency combination is one of the most widely traded pairs on the forex market. It marries two of the largest and most financially and politically important economies in Europe. Thanks to the interdependence of these nations, the pair is a relatively stable and markedly less volatile than most EUR and GBP based crosses. It is heavily influenced by the acts of the Bank of England and European Central Bank while its low risk and high predictability make it a very good choice for novice traders as well as more experienced investors.
Both in the EU and in the UK, the main role in the economy is played by the service sector but it still has a slightly lower value. As with other cross-pairs, EUR/GBP also needs to take into account political and economic changes in the United States, a reaction to which from both currencies will follow sooner or later.
If you are interested in trading the EUR/GBP currency pair, contact FxPro today and open trading account in several minutes to test your trading strategy.