EUR/GBP


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EUR/GBP Trading


History of EUR/GBP

Euro was released on January 1, 1999, after more than a decade of preparations. It was initially an "invisible" currency, only being used for accounting and electronic payments for the first three years. When new coins and banknotes went into circulation on January 1, 2002, it was the largest monetary changeover in history. Henry VII of England issued the first-pound currency in 1489. It wasn't until 1694, when the Bank of England was established, that Pound notes began to appear in circulation in England. Notes made by hand in 1971, when the United Kingdom opened up the British pound to speculation, among other currencies, are still in existence

EUR/GBP Forex Chart
Instrument: EUR/GBP
Spread: 0.00015
Leverage: 30:1
Margin: 3.33%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -3.13%
Overnight Interest (daily) Buy: -0.0077%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: EUR/GBP

EUR/GBP Trading FAQs

Trading in the EURGBP currency pair is often most profitable during European trading hours (07:00 – 16:00 GMT). The high volume of trades offers liquidity to the market, which helps to lower the magnitude of the spread.

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