Possible head & shoulders set up to play out. Wait for the confirmation to break below the first shoulder support. Currently 66 on the RSI (close to overbought). Look to TP around 1.24586.
Comment:
Look to enter short position at 1.25331 just under the shoulder support.
Trade active:
As predicted, price has moved below our entry point which has triggered our position in the market. Currently looking at holding in the market until post London opening