100 hour MA at 0.8494

The EURGBP is trading back toward the lows of the day and near the 0.8500 level. That was a low from trading yesterday and earlier today. The 100 hour MA is close by at 0.8494 as well. A move below that area would be more bearish for the pair.

At the high today, the pair stalled ahead of the last two day highs at 0.8538/39. The high price today found early sellers at the 0.8536 level. The pair also moved below trend line support.

There is more of a bearish bias in the pair today, but short term support is being tested. So there is work to do for the sellers in trading today.