In my view in an hourly chart I see that the pair has formed a double top pattern around the 1.2667 and could either bounce off the neckline around 1.2576 or even break it to go fetch the low 1.2529 if the butterfly pattern is to go by, but my take would be to also trade carefully on it since the US dollar has recently shown the signs of weakness, the pair could make a pullback and break the harmonic pattern it would surge higher and higher to find resistance around 1.27160 levels, so I would wait for it to complete its consolidation before I enter.