EUR/GBP remains very heavy, presently down at .8508. There is some weak talk of barrier option interest at .8500. Gotta admit no one seems overly convinced, but the talk is out there.
We might get some defence of said level as a result. I’d bet there are some decent-sized sell stops just below .8500.
The continued selling pressure in EUR/GBP will be weighing on EUR/USD, thepairing having recently slipped back under 1.4000, presently at 1.3990.