Short-term descending trend-channel continue supporting the EURGBP decline; however, support line of the formation, near 0.7100 – 0.7090 multiple support region, could provide chances of a mild pullback towards 0.7135, 76.4% Fibo, prior to testing the channel resistance, near 0.7175. Given the pair's ability to break 0.7175 on a closing basis, also surpassing the 0.7185 61.8% Fibo, it could immediately rally to 0.7225, 50% Fib. and 0.7265, breaking which the pair becomes more likely to surpass 0.7320 region in a quick up-move. On the downside break of 0.7090, the pair can plunge towards 0.7055 and the 0.7000 psychological magnet while further decline below 0.7000 can make the pair vulnerable to test 0.6800 region.