EUR/GBP is continuing lower in line with the longer-term down-trend.
It has broken clearly below a major channel line drawn on the monthly chart and this is adding bearish evidence to the bearish outlook.
Today's sees the completion of the ECB rate meeting and this may well cause some volatility, therefore, traders not already in a short position could enter at a slight distance from the current level - a move below the 0.7220 lows would probably confirm a bearish signal of further downside, towards a target at the S1 monthly pivot at 0.7132.