The EUR/GBP has been chopping around without clear direction.EUR/GBP Weekly Chart(click to enlarge)Rounded Top?- The weekly chart shows that price tagged 0.92 in late 2016.- However, price action has looked more like a rounded top since then.- This rounded top has a neckline that is rising, but we should look at the 0.83 level as a key support.- Meanwhile, the RSI will be around 40 if price falls back to 0.83. - Price at 0.83 and the RSI at 40 is actually going to be a good combination for a bullish pivot. - So, unless price breaks below 0.83 and the RSI falls below 40, we should still consider EUR/GBP bullish.Bearish Outlook:- Now if price does break below 0.83, we should look for the next level of support around the 200- and 100-week simple moving averages.- That would be around 0.79-0.80.