Potential upward movement on EURGBP

As mentioned on chart, price has been revered from strong weekly supports with strong divergence.
Looking for finishing bearish impulsive wave with possible truncation on 5th wave to
get into a long position after break out of the daily structure.
However, since the bearish momentum is strong, confirmation on hourly charts after breakout seems a good idea.
Will try to update the idea in case of reaching that point.

Comment:

Price has been moved so fast and broke the trend line on the daily chart. Although it is as I planned, however looking for more normal momentum on the top of the trend line and wait for the correction breakout on the hourly chart as a confirmation for entering the position.
Will update the idea regarding to that.

Comment:

Price is moving as expected and we are waiting for confirmation by breaking the correction trend line on hourly chart to enter the long position.
Will update the idea as soon as it breaks.

Trade active:

A new idea has been published as the trade guide to this analysis: