FxWirePro: EUR/GBP slips below 0.85 handle, bias lower, good to sell rallies

• EUR/GBP has broken below the 0.85 handle, intraday bias lower.
   
• Daily charts show a bearish 7-DMA crossover on 21-DMA.
   
• Techs indicate further downside, Stochs and RSI point south.
   
• 0.8460 is major trendline support. Violation there could see 0.8445 (50-DMA).
   
• Break below 50-DMA could see drag till 0.8350 levels.
   
• Major support levels - 0.8460 (trendline), 0.8445 (50-DMA), 0.8417 (Aug 1 low).
   
• Major resistance levels - 0.8525 (7-DMA), 0.8560 (21-DMA), 0.86 (trendline).
  ​

Recommendation: Good to sell rallies around 0.85 levels, SL: 0.8560, TP: 0.8460/ 0.8445/ 0.8420