I will be updating this pair as we progress to give a clearer insight into what i'm watching.
you see price is getting squashed into 1.28 level. Attempting to retrace up to 1.2960 back again.
Trendline also forming from 1.2640 area upwards. (or triangle).
Rejected twice already on good US CPI and US rate hike last week ..
but perhaps wont get rejected again if any good news from brexit or other bad US data / Speeches ?