EUR/GBP Price Forecast: RSI flirts with oversold territory...

EUR/GBP Price Forecast: RSI flirts with oversold territory as bears defend key resistance

Published Jul 17, 2026 10:13 AM Last refreshed Jul 29, 2026 9:49 AM Source: EODHD Event Time: Jul 17, 2026 10:13 AM

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EUR/GBP Price Forecast: RSI flirts with oversold territory as bears defend key resistance

Source: EODHD - https://www.fxstreet.com/news/eur-gbp-price-forecast-rsi-flirts-with-oversold-as-bears-defend-key-resistance-202607171413
Published: Jul 17, 2026 10:13 AM

EUR/GBP edges higher on Friday, extending gains for a second consecutive day as traders cover short positions following the midweek sell-off. At the time of writing, the cross trades around 0.8501 but is still on track for a fourth straight weekly loss.

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.