EURGBP currency pair recently reversed from the resistance area lying between the key resistance level 0.86600 (which has been reversing the pair from May) and the upper daily Bollinger Band. The downward reversal from this from the resistance area is aligned with the clear daily downtrend. Given the strongly bullish sterling sentiment that can be observed across the FX markets today- EURGBP can be expected to fall further toward the next support level 0.85400 (which stopped the previous correction 2).