EUR/GBP – Key Support Broken, Drop Toward 0.8400 Expected

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EUR/GBP – Key Support Broken, Drop Toward 0.8400 ExpectedEuro/British PoundFX:EURGBPfullpriceactionTrading within a bearish channel since November 2025, EUR/GBP has just broken with strong bearish momentum through the major support around 0.8612, a level that had held during the double test of January–February 2026. Price is now performing a minor retest of this level, now turned resistance, before continuing its bearish move toward the major historical support around 0.8400, corresponding to the lows of June 2025. As long as price remains below the descending trendline and under 0.8612, the bearish scenario remains favored. Don't forget to leave a 🚀 under the graph and follow me if you liked this analysis.