Since breaking above the 0.8518 level the EUR/GBP has found support on dips back towards it. The spikes towards the 0.8600 level have so far lacked follow through but a close below the 0.8518 support is needed to see the focus turn lower once more and target a move back to the 0.8400-20 support region. It is worth noting that the 100-DMA comes in at 0.8524 and just above the 0.8518 support.
