EURGBP: Trend Reversal Signal - Bullish Divergence

The market gives us a trend reversal signal based on a bullish divergence. The price is not far from the support zone, and the upward movement can be started from this zone.

RSI confirmed the price reversal. MACD histogram and line support a possible upward movement. DMI confirms the trend market conditions. The trend is bearish. ADX line starts falling, and it tells us about a possible correction in the bearish structure.

It is possible to search for buy opportunities based on the daily and hourly charts. The market has some space for further downward movement. The support level is at 0.85000, and the price can reach it. So, don't be a surprise. But anyway, the market is good for buying and we just need to decide where and how to open long trades.