EURGBP currency pair recently reversed up from the support area located between the key support level 0.85660 (which has been reversing the pair from the start of May) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous minor ABC correction 2. Given the strength of the key support level 0.85660 – EURGBP currency pair can be expected to rise further toward the next resistance level 0.86700 (top of the previous short-term impulse wave 1 from the end of May) intersecting with the 100-day moving average.