EURGBP price forecast, quote, news & analysis

EURGBP's Stochastic Oscillator sits in overbought zone for 4 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EURGBP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EURGBP's RSI Oscillator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 31, 2024. You may want to consider a long position or call options on EURGBP as a result. In of 156 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for EURGBP just turned positive on December 26, 2024. Looking at past instances where EURGBP's MACD turned positive, the stock continued to rise in of 115 cases over the following month. The odds of a continued upward trend are .

EURGBP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.