UK Retail Sales number could be trigger for big jump

UK Retail Sales number could be trigger for big jump - given forecast is -0.3 anything in positive territory could spark a big move in Cable - quite possibly last rally for 2024 before crashing back down again.
1.2615 support seems to be holding after being oversold, however there is very little buying power currently hence the consolidation within a range of 1.2620-1.27.
Good luck for tomorrows retail sales number and looks like good risk reward with stoploss at 1.26 and TP at 1.3045 or thereabouts.