Bearing up in overwrought Ronnies embrace (5)
I believe the answer is:
north
'bearing' is the definition.
(I've seen this before)
'up in overwrought ronnies embrace' is the wordplay.
'up' is a reversal indicator (in down clue: letters go upwards).
'embrace' indicates a hidden word (I've seen 'embraced' mean this).
'htron' is hidden within 'in overwrought ronnies'.
'htron' backwards is 'NORTH'.
(Other definitions for north that I've seen before include "who has to follow West's lead?" , "British leader" , "Compass point at 0 or 360 degrees" , "Pole" , "To the left of one who is facing east" .)