EUR/GBP is currently trading below the key level of 0.8400, with Société Générale predicting a potential move towards 0.8380. The pair’s break below 0.8400 indicates a bearish trend, with further downside expected in the near term. Traders should keep a close eye on the support level at 0.8380, as a breach of this level could lead to additional losses for EUR/GBP. Stay tuned for updates on this developing situation.