EUR/GBP is a currency pair that shows the ratio of the British pound to the euro. Euro is the base currency. The British pound is quoted currency in this pair. The analysis of the quotation is the value of the euro in the currency of the United Kingdom. This tool is stable and reliable; it attracts newcomers to the foreign exchange market. Its relevance rises in the European sphere of currency trading. The currency pair changes are quite predictable, but it has a high cost, and it should be used with caution. Since a small change by a few points can mean both a big profit and a big loss. Its condition is affected by interest rates in Europe and England, political situation in countries and state of the world economy.
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