EURGBP- The cross maintains its downside pressure as it is weak and vulnerable. Support stands at the 0.8391 level. Support lies at the 0.8350 level with a decisive violation of here aiming at the 0.8300 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, the cross will have to recapture the 0.8504 level and then the 0.8651 level to halt its current weakness and resume its upside recovery. This if seen will target the 0.8700 level. Further out, upside objective comes in at the 0.8766 level. All in all, the cross remains biased to the downside.
