It is all about Brexit now, forget all technical analysis now. Brexit news release is what is motivating this market. that is why it is too risky to trade now, unless small time frames and use stop loss.
I would be cautious to go long on this pair. we have heavy bearish momentum on M, W, D, . <<we don't see higher highs and higher lows being form on the 4h, 1h being formed to go long yet. if we can get a clear higher highs and higher lows on the 15, 30, 1hr, and 2 h time frames then we can consider going long. DACapital, your analysis is great but the time confluence has not yet confirmed.