The EURGBP pair has dipped below the 0.8585 support mark, indicating a renewed downside movement from its 0.8714 high.
Over the next few trading sessions, a further decline can be expected. The pair could be eyeing the 0.8570 support next. If it falls below this level, the downward journey might extend to the 0.8548, the previous low.
Meanwhile, an immediate resistance is spotted at the 0.8595 level. A break through this level could kickstart a rise to confront the 0.8620 resistance. A successful break above this mark could be the much-needed signal pointing towards the end of the current downtrend.