The EUR/GBP has been sliding since tagging 0.92 in September. The daily chart below shows that this slide is now pushing the pair towards the 0.85 handle and a rising support.EUR/GBP daily chart 11/21(click to enlarge)Support factors:- 0.85 is a psychological level and could be reason for some buying here.- There is a rising support seen in the 4H chart. This is not a very critical support, but is something. - The RSI is at oversold levels in the 4H chart. - These factors could provide reason for some buying, but the upside is very limited at the moment.- The 0.8620 area is a common and important resistance. Above that the 0.87-0.8720 pivot area might also see sellers. - I think a break above 0.88 will be needed to revive the bullish scenario. If 0.86 turns into support, the technical picture would confirm the bullish outlook.Break below 0.85:- A break below 0.85 should open up the 0.82 handle, down to the April high, resistance pivot at 0.8115. - As price approaches 0.81, it will be challenged by a rising trendline that goes back to December 2015. For now, the bearish outlook should seen as a deep retracement within the context of a year-long uptrend.