EURGBP currency pair today reversed down from the resistance zone lying between the pivotal resistance level 1.82000 (which has been reversing the price from the start of September) and the upper daily Bollinger Band . The downward reversal from this resistance zone stopped the previous short term ABC correction (ii) from the end of October. Given the clear multi month downtrend – EURGBP currency pair can be expected to fall further toward the next support level 0.84600 (former top of wave (iv) from the middle of October).