UsmanFarouk

EURGBP is likely for Bullish Reversal on 15m, 30m and 1H TFs

Long
FX:EURGBP   Euro / Sterlina
EURGBP is in downtrend on 15m, 30m and 1H timeframes as it has been printing consistent LHs and HHs. However, during downtrend of the price chart, RSI has printed a Bullish Divergence on these three timeframes in addition to the falling wedge pattern, that itself points towards a potential Bullish Reversal.
Drawing my deduction of the situational confluence, I have developed a long bias for the pair establishing entry, SL and TP as depicted on the chart.
Furthermore, sentiments of the market with 92% long positions also confirms my deduction.
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