Euro / Pound Spread Betting Guide plus Live Chart & Prices

Spread Betting
Also see Live Euro / Pound chart below.

EURGBP Spread Bets

The Euro / Pound spread betting guide:






Where Can I Spread Bet on EURGBP?




You can put spread bets on EURGBP and numerous other financial markets by using an account with the following spread betting platforms:

Forex

Financial Spreads ETX Capital Spreadex IG Index City Index
Dollar/Yen Daily Financial Spreads Dollar/Yen Daily ETX Capital Dollar/Yen Daily Spreadex Dollar/Yen Daily IG Index Dollar/Yen Daily City Index Dollar/Yen Daily
Euro/Dollar Daily Financial Spreads Euro/Dollar Daily ETX Capital Euro/Dollar Daily Spreadex Euro/Dollar Daily IG Index Euro/Dollar Daily City Index Euro/Dollar Daily
Euro/Sterling Daily Financial Spreads Euro/Sterling Daily ETX Capital Euro/Sterling Daily Spreadex Euro/Sterling Daily IG Index Euro/Sterling Daily City Index Euro/Sterling Daily
Sterling/Dollar Daily Financial Spreads Sterling/Dollar Daily ETX Capital Sterling/Dollar Daily Spreadex Sterling/Dollar Daily IG Index Sterling/Dollar Daily City Index Sterling/Dollar Daily
Sterling/Euro Daily Financial Spreads Sterling/Euro Daily ETX Capital Sterling/Euro Daily Spreadex Sterling/Euro Daily IG Index Sterling/Euro Daily City Index Sterling/Euro Daily
Other Forex Financial Spreads Other Forex ETX Capital Other Forex Spreadex Other Forex IG Index Other Forex City Index Other Forex
The above spread betting markets may also be available with other companies. Also see Comparison Table Notes.



Live EURGBP Chart







Where Can I Get Live Spread Betting Prices and Charts for EURGBP?



The above chart gives a handy look at the latest movements.

But, for those that are spread trading EURGBP, the above firms offer real-time price updates as well as charts that have more technical analysis features.

Typical spread betting chart:

Example candlestick chart



EURGBP Spread Bets

EURGBP Financial Spread Trading Example



If you are interested in financial spread betting on an FX pair such as EURGBP then, on visiting a company like CapitalSpreads, at the moment you'd find a price of 0.79238 - 0.79246.

This means you could speculate on EURGBP to go above 0.79246 or go below 0.79238.

When spread betting, you trade on every unit the market moves up or down. Specifically, for the EURGBP market a unit is 0.00010 of the rate's price movement.

With this example, let's say you want to bet 2 for every 0.00010 EURGBP moves up or down.


Buying - Spread Betting on the Market to Rise



If you were to go long of EURGBP at 0.79246 and the rate went up then the spread could change to 0.79801 - 0.79809. If this were the case, you might choose to close your trade for a profit at 0.79801.

Profits (or Losses) = (settlement level of the market - initial level of the market) x stake per 0.00010
Profits (or Losses) = (0.79801 - 0.79246) x 2 per 0.00010 stake
Profits (or Losses) = 0.00555 x 2 per 0.00010
Profits (or Losses) = 111.00 profit

Conversely, if the rate were to fall down to, for example, 0.78771 - 0.78779, you might decide to close your position to restrict your losses. If so, you'd place a sell trade at 0.78771.

With the same 2 per 0.00010 stake:

Profits (or Losses) = (settlement level of the market - initial level of the market) x stake per 0.00010
Profits (or Losses) = (0.78771 - 0.79246) x 2 per 0.00010 stake
Profits (or Losses) = -0.00475 x 2 per 0.00010
Profits (or Losses) = -95.00 loss


Selling - Spread Betting on the Market to Fall



An advantage of placing a spread bet is that investors can short sell the markets, i.e. bet that the markets will drop.

This market was originally priced at 0.79238 - 0.79246.

If you were to go short of EURGBP at 0.79238 and the rate went down then the quote could become 0.78609 - 0.78617. If that were to happen, you might choose to close your trade for a profit by buying at 0.78617.

Profits (or Losses) = (initial level of the market - settlement level of the market) x stake per 0.00010
Profits (or Losses) = (0.79238 - 0.78617) x 2 per 0.00010 stake
Profits (or Losses) = 0.00621 x 2 per 0.00010
Profits (or Losses) = 124.20 profit

Conversely, if the rate had increased to 0.79762 - 0.79770, you might want to close your bet to limit your losses. Therefore, you would buy back at 0.79770.

Therefore, with the same 2 per 0.00010 stake:

Profits (or Losses) = (initial level of the market - settlement level of the market) x stake per 0.00010
Profits (or Losses) = (0.79238 - 0.79770) x 2 per 0.00010 stake
Profits (or Losses) = -0.00532 x 2 per 0.00010
Profits (or Losses) = -106.40 loss


EURGBP Rolling Daily spread betting prices quoted as of 25-Jul-14.

This is a 'Rolling Daily' trade. This kind of trade does not have a set closing date and will just rollover to the next session. When a market rolls over you might receive a small credit or incur a small financing cost. Also see rolling daily charges.


Advert Financial Spreads Spread Betting - No Fees, No Commissions, Free Charts and Live Prices.
Spread Bet on Indices, Forex, Commodities, Shares and more. For details see Financial Spreads.



EURGBP Test Accounts



The companies listed below also offer free test accounts. I.e. accounts you can use to have a go at spread betting on EURGBP without risking any capital.

Financial Spreads   > Financial Spreads

InterTrader   > InterTrader



User Questions and Answers on EURGBP



comments powered by Disqus

'EURGBP Spread Bets' last update by James White, 20-Feb-2017





Similar articles:

Forex Spread Betting - last update: 20-Feb-2017
The complete forex spread betting guide with live charts and prices, how and where to trade FX, the advantages of spread betting on currency pairs, where to find major, minor or exotic markets and...read more.

EURUSD Spread Bets - last update: 20-Feb-2017
Euro / Dollar spread betting guide with how to spread bet on EURUSD, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...read more.

GBPUSD Spread Bets - last update: 20-Feb-2017
Sterling / Dollar spread betting guide with how to spread bet on GBPUSD, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...read more.

USDJPY Spread Bets - last update: 20-Feb-2017
Dollar / Yen spread betting guide with how to spread bet on USDJPY, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...read more.

AUDUSD Spread Bets - last update: 20-Feb-2017
Australian Dollar / US Dollar spread betting guide with how to spread bet on AUDUSD, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...read more.

USDCHF Spread Bets - last update: 20-Feb-2017
Dollar / Swiss Franc spread betting guide with how to spread bet on USDCHF, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...read more.



This page: 'EURGBP Spread Bets'
Euro / Pound spread betting guide with how to spread bet on EURGBP, where to find real-time FX prices and charts, plus which firms offer tax free* forex trading and...go to top.



Financial Spread Betting Emails
Free Financial Email: Latest Spread Betting Offers and where to find narrow spreads. Click here to sign up.


Home
Live Charts
Spread Betting Firms
City Index
ETX Capital
Financial Spreads
IG
Spread Betting Tips
Spread Bet Emails
Index Spread Bets
FTSE 100 Spread Bets
Dow Jones Spread Bets
DAX 30 Spread Bets
Forex Spread Bets
EUR/USD Spread Bets
EUR/GBP Spread Bets
GBP/USD Spread Bets
Shares Spread Bets
Commodity Spread Bets
Crude Oil Spread Bets
Gold Spread Bets
All rights reserved. © Copyright SpreadBets.org.uk 2007-2017.