GBPEUR United Kingdom Pound - Euro Forecast, Technical & Fundamental Analysis

GBPEUR's RSI Oscillator recovers from overbought zone

The 10-day RSI Oscillator for GBPEUR moved out of overbought territory on February 19, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 instances where the indicator moved out of the overbought zone. In of the 38 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

GBPEUR broke above its upper Bollinger Band on February 17, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 17, 2025. You may want to consider a long position or call options on GBPEUR 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 GBPEUR just turned positive on February 17, 2025. Looking at past instances where GBPEUR's MACD turned positive, the stock continued to rise in of 117 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 284 cases where GBPEUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .