The EUR/GBP pair has experienced a significant decline, breaking below its 20-day Simple Moving Average (SMA). This bearish momentum is further confirmed by the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators.

Key Technical Levels:

• Support: 0.8330, 0.8315, 0.8300

A sustained break below the 0.8300 level could lead to further downside potential. Traders should monitor these key support levels and be prepared for increased volatility in the near term.