The pair is weakening and trading right now at 0.8986 pounds per euro. The bands of Bollinger show low volatility in the hour, while the RSI is clearly oversold. If we observe the Stochastic, this indicator show selling signs.

If the trend remains to the lower side, the next support will be at 0.8979 (50 days MM), while on the upper side, the target is at 0.9000 pounds per euro.