Fibonacci Calculator EUR/GBP
Calculate Fibonacci levels for EUR/GBP
Inputs
Calculate price range
0.86150 - 0.85450
= 0.00700
Calculate 38.2% level
0.86150 - (0.00700 × 0.382)
= 0.85883
Calculate 61.8% level
0.86150 - (0.00700 × 0.618)
= 0.85717
For EUR/GBP Fibonacci levels: EUR/GBP uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 1.2-2.0 pips with good liquidity.
Frequently Asked Questions
How do I use Fibonacci levels for EUR/GBP trading?
For EUR/GBP, identify a significant swing high and low, then apply Fibonacci retracements. Key levels are 23.6%, 38.2%, 50%, 61.8%, and 78.6% of the move.
Which Fibonacci level works best for EUR/GBP entries?
The 38.2% and 61.8% levels often provide strong support/resistance for EUR/GBP. As a minor pair, EUR/GBP may respect different levels based on trend strength.
How do I calculate Fibonacci extensions for EUR/GBP targets?
Use Fibonacci extensions (127.2%, 161.8%, 261.8%) on EUR/GBP to project profit targets beyond the initial swing. Enter the swing points to calculate extension levels.