Time is your best friend.
When in doubt, look to the left.
as per advised by a our fellow trader @Rzmil (Follow him), Price needs to break the supply zone (DBD) at 1.28700 in order for the setup to be valid.
With news coming up, let's wait and for the price to react to that level.
I would speculate that news would push the price up significantly and proceed to price compression towards liquidity zone.