In my previous EurGbp analysis I said that 0.83 should be strong support for the pair and, after a very short dip under this level, EurGbp has reversed strongly, leaving a large Bullish Engulfing on our daily chart. This very well can be the start of a medium-term uptrend for the pair and 0.87 can be bulls target. Dips under 0.84 should be bought and only EurGbp under yesterday's low would negate this scenario