Daily: setup is strategic now, so as general rule we'll have to look for sell signals if a correction happens. A short term correction from here upto Kijun Sen is not impossible. Slow has been oversold and seems turning up a bit, is moving in line with Slow , may give a buy signal appr. same time. We need to watch these indicators, as when they signal a change together, those signals can be pretty strong and reliable. has a very high level too, which tells us this has been really strong, but most often at these high readings trends have some kind of pause or pull back.
4 Hrs: of course, but here we see the opposite of . It has been decreasing, and DMI lines got close to each other. The Kumo is still thick and far from Price, but looking at recent price action, we may have a small inverted developing here. This baby pattern is so small, that it can not have a larger measured tgt than 1,6650. Still, looking at this and Chikou Span hitting the candles soon, a minimum correction to 1,6650-1,6680 is possible.
For a real counter trend move towards the 1,6800 daily support, we would need a lot more. Even if that happens later, currently I can not see further than this 1,6650.
p.s.: 1 Hr time frame I do not attach, but Px trades above the Kumo there, still needs clearing of 1,6590 for small confirmation.
p.s.2.: I checked EURGBP , which has enterred again on 4 Hrs time frame. The case from now is EURUSD , in which I expect some pull back towards 1,3300 levels too. In this case, the Cable correction will be more likely.