EURGBP | Bullish Divergence at Daily SupportEUR/GBPOANDA:EURGBPdarlwright EURGBP remains one of the more interesting markets on our watchlist as we head into next week. After rejecting the 0.8600 area in late September, price has experienced a substantial bearish decline, reaching support near **0.8329–0.8340**. We're now observing early signs of a potential bullish reversal. **STRUCTURE** Price is testing a significant Daily support level around 0.8329. Recent candles are beginning to show stronger rejection of lower prices. However, the broader Daily trend remains bearish, with price trading below both the 50 EMA and 200 EMA. The nearby 0.8360 area also represents an immediate resistance obstacle. **MOMENTUM** This is where the setup becomes particularly interesting. Daily momentum is developing bullish divergence, with the latest momentum lows holding higher while price has continued testing lower levels. Momentum is also beginning to hook upward from deeply negative territory. This suggests bearish momentum may be weakening, but it does not yet confirm a trend reversal. **VOLUME** We'll be looking for strong volume confirmation as the setup develops, particularly when examining the lower timeframes for a potential entry. **WHAT WE'RE WAITING FOR** - A convincing bullish rejection from support. - Continued strengthening of Daily momentum. - Confirmation from the 4H chart. - A properly aligned entry trigger with strong volume. - A defensible structural stop and a logical profit target offering at least 2:1 reward-to-risk. **CURRENT STATUS: WATCHLIST — NO CONFIRMED ENTRY.** Price could still break support and continue toward the larger support zone around 0.8240–0.8290. We're not trying to predict the exact bottom. We're preparing for a possible reversal and waiting for the evidence. **Forex Academy** PREPARATION • EXECUTION • CONSISTENCY #EURGBP #Forex #BullishDivergence #TechnicalAnalysis #PriceAction #SupportResistance