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

GBPEUR saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for GBPEUR moved out of overbought territory on March 29, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 97 similar instances where the indicator exited the overbought zone. In of the 97 cases the stock moved lower. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on April 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GBPEUR as a result. In of 159 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 GBPEUR's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GBPEUR just turned positive on April 01, 2025. Looking at past instances where GBPEUR's MACD turned positive, the stock continued to rise in of 119 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GBPEUR advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 291 cases where GBPEUR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .