diff --git a/ElementX.xcodeproj/project.pbxproj b/ElementX.xcodeproj/project.pbxproj
index 9754418b6a..9838235684 100644
--- a/ElementX.xcodeproj/project.pbxproj
+++ b/ElementX.xcodeproj/project.pbxproj
@@ -7569,7 +7569,7 @@
 			repositoryURL = "https://github.com/element-hq/matrix-rust-components-swift";
 			requirement = {
 				kind = exactVersion;
-				version = 1.0.33;
+				version = 1.0.35;
 			};
 		};
 		701C7BEF8F70F7A83E852DCC /* XCRemoteSwiftPackageReference "GZIP" */ = {
diff --git a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
index 62c76091e0..7372748e50 100644
--- a/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
+++ b/ElementX.xcodeproj/project.xcworkspace/xcshareddata/swiftpm/Package.resolved
@@ -149,8 +149,8 @@
       "kind" : "remoteSourceControl",
       "location" : "https://github.com/element-hq/matrix-rust-components-swift",
       "state" : {
-        "revision" : "2f11bfecae2c83218fea4336361cabcf3a899a78",
-        "version" : "1.0.33"
+        "revision" : "410fa67337a0af99bbf04a775788520d98d6d8d2",
+        "version" : "1.0.35"
       }
     },
     {
diff --git a/ElementX/Sources/Screens/RoomScreen/RoomScreenModels.swift b/ElementX/Sources/Screens/RoomScreen/RoomScreenModels.swift
index 41e46be6f5..08397682e8 100644
--- a/ElementX/Sources/Screens/RoomScreen/RoomScreenModels.swift
+++ b/ElementX/Sources/Screens/RoomScreen/RoomScreenModels.swift
@@ -329,20 +329,24 @@ struct PinnedEventsState: Equatable {
     var selectedPinContent: AttributedString {
         var content = AttributedString(" ")
         if let selectedPinEventID,
-           var pinnedEventContent = pinnedEventContents[selectedPinEventID] {
+           let pinnedEventContent = pinnedEventContents[selectedPinEventID] {
             content = pinnedEventContent
         }
         content.font = .compound.bodyMD
         return content
     }
     
-    mutating func nextPin() {
+    mutating func previousPin() {
         guard !pinnedEventContents.isEmpty else {
             return
         }
         let currentIndex = selectedPinIndex
-        let nextIndex = (currentIndex + 1) % pinnedEventContents.count
-        selectedPinEventID = pinnedEventContents.keys[nextIndex]
+        let nextIndex = currentIndex - 1
+        if nextIndex == -1 {
+            selectedPinEventID = pinnedEventContents.keys.last
+        } else {
+            selectedPinEventID = pinnedEventContents.keys[nextIndex % pinnedEventContents.count]
+        }
     }
 }
 
@@ -415,10 +419,10 @@ enum PinnedEventsBannerState: Equatable {
         return finalString
     }
     
-    mutating func nextPin() {
+    mutating func previousPin() {
         switch self {
         case .loaded(var state):
-            state.nextPin()
+            state.previousPin()
             self = .loaded(state: state)
         default:
             break
diff --git a/ElementX/Sources/Screens/RoomScreen/RoomScreenViewModel.swift b/ElementX/Sources/Screens/RoomScreen/RoomScreenViewModel.swift
index cf4a204d1f..d2c457034f 100644
--- a/ElementX/Sources/Screens/RoomScreen/RoomScreenViewModel.swift
+++ b/ElementX/Sources/Screens/RoomScreen/RoomScreenViewModel.swift
@@ -228,7 +228,7 @@ class RoomScreenViewModel: RoomScreenViewModelType, RoomScreenViewModelProtocol
             if let eventID = state.pinnedEventsBannerState.selectedPinEventID {
                 Task { await focusOnEvent(eventID: eventID) }
             }
-            state.pinnedEventsBannerState.nextPin()
+            state.pinnedEventsBannerState.previousPin()
         case .viewAllPins:
             // TODO: Implement
             break
@@ -723,7 +723,7 @@ class RoomScreenViewModel: RoomScreenViewModelType, RoomScreenViewModelProtocol
     private func buildPinnedEventContent(timelineItems: [TimelineItemProxy]) {
         var pinnedEventContents = OrderedDictionary<String, AttributedString>()
         
-        for item in timelineItems.reversed() {
+        for item in timelineItems {
             // Only remote events are pinned
             if case let .event(event) = item,
                let eventID = event.id.eventID {
diff --git a/UnitTests/Sources/PinnedEventsBannerStateTests.swift b/UnitTests/Sources/PinnedEventsBannerStateTests.swift
index bddb32baf6..9e35c5664f 100644
--- a/UnitTests/Sources/PinnedEventsBannerStateTests.swift
+++ b/UnitTests/Sources/PinnedEventsBannerStateTests.swift
@@ -32,7 +32,7 @@ class PinnedEventsBannerStateTests: XCTestCase {
         
         var state = originalState
         // This should not affect the state when loading
-        state.nextPin()
+        state.previousPin()
         XCTAssertEqual(state, originalState)
         
         XCTAssertTrue(state.isLoading)
@@ -63,18 +63,18 @@ class PinnedEventsBannerStateTests: XCTestCase {
         XCTAssertEqual(state.bannerIndicatorDescription.string, L10n.screenRoomPinnedBannerIndicatorDescription(L10n.screenRoomPinnedBannerIndicator(2, 2)))
     }
     
-    func testNextPin() {
-        var state = PinnedEventsBannerState.loaded(state: .init(pinnedEventContents: ["1": "test1", "2": "test2", "3": "test3"], selectedPinEventID: "3"))
-        XCTAssertEqual(state.selectedPinEventID, "3")
-        XCTAssertEqual(state.selectedPinIndex, 2)
-        XCTAssertEqual(state.displayedMessage.string, "test3")
-        
-        state.nextPin()
+    func testPreviousPin() {
+        var state = PinnedEventsBannerState.loaded(state: .init(pinnedEventContents: ["1": "test1", "2": "test2", "3": "test3"], selectedPinEventID: "1"))
         XCTAssertEqual(state.selectedPinEventID, "1")
         XCTAssertEqual(state.selectedPinIndex, 0)
         XCTAssertEqual(state.displayedMessage.string, "test1")
         
-        state.nextPin()
+        state.previousPin()
+        XCTAssertEqual(state.selectedPinEventID, "3")
+        XCTAssertEqual(state.selectedPinIndex, 2)
+        XCTAssertEqual(state.displayedMessage.string, "test3")
+        
+        state.previousPin()
         XCTAssertEqual(state.selectedPinEventID, "2")
         XCTAssertEqual(state.selectedPinIndex, 1)
         XCTAssertEqual(state.displayedMessage.string, "test2")
diff --git a/project.yml b/project.yml
index 1eace48017..524e2ac84e 100644
--- a/project.yml
+++ b/project.yml
@@ -60,7 +60,7 @@ packages:
   # Element/Matrix dependencies
   MatrixRustSDK:
     url: https://github.com/element-hq/matrix-rust-components-swift
-    exactVersion: 1.0.33
+    exactVersion: 1.0.35
     # path: ../matrix-rust-sdk
   Compound:
     url: https://github.com/element-hq/compound-ios