Character.
EUR/GBP usually has a smaller daily range than EUR/USD or GBP/USD and often ranges for long periods.
What moves it.
- ECB and Bank of England decisions.
- UK and Eurozone inflation and jobs data.
- Political news affecting the UK or EU.
Strategies that fit.
- Range trading between clear levels during the London session.
- Mean reversion with Bollinger Bands.
- Keep targets modest; this pair rarely makes huge moves.
FAQ