Chart - Courtesy Trading View
EUR/GBP was trading 0.18% lower on the day at 0.8326 at around 13:30 GMT.
The pair has slipped lower from session highs at 0.8360, upside is capped at 5-DMA resistance.
Single currency largely ignores upbeat eurozone inflation data, remains under pressure amid escalating Russia-Ukraine crisis.
Momentum for the pair is strongly bearish. Stochs and RSI are sharply lower and RSI is below the 50 mark.
GMMA indicator shows major and minor trend are bearish. Price action has dipped below 200H MA.
Price action grinds lower in Sloping Wedge pattern, scope for test of wedge base support at 0.8250. Next major support is seen at 200-month MA at 0.8197.
