EUR/GBP Price Forecast: Downtrend remains firm despite deeply oversold RSI

EUR/GBP Price Forecast: Downtrend remains firm despite deeply oversold RSI

Source: EODHD - https://www.fxstreet.com/news/eur-gbp-price-forecast-downtrend-remains-firm-despite-deeply-oversold-rsi-202610131217
Published: Oct 13, 2026 8:17 AM

EUR/GBP reverses earlier gains on Tuesday as fiscal and political concerns in France limit the Euro’s (EUR) upside, while the technical picture also suggests sellers remain dominant.

Market context: This update is relevant to EUR traders, with EURGBP as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.