EUR/GBP slips towards 0.8400 again

A number of updates here over the past week and more have focused on the EUR/GBP holding above two important moving averages. Those are the 100 and 200 day moving averages and they are clustered pretty close to each other. The slight fall below the 100 day last week was reversed this week and since then it has lifted back to 0.8459 yesterday, However, today it has been falling back again and not long ago it dipped below that 100 day once more. That is still rising and in place right now at 0.8410. Meantime, the 200 day is still falling and in place right now at 0.8385. The Euro just dipped below that 100 day a moment ago, when hitting a session low at 0.8408. That said, this is far from conclusive at best and it remains to be seen if the current downside trend since the beginning of April has run its course. It really needs to clear well below these technical support levels in order to deliver a deeper move. The EUR/GBP is right now at 0.8411