I believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.
1HR Chart: Testing out a few new tools, using RSI + MACD I was able to use EWaves to indicate a time from between 50bars on the 1HR charts. looking to see yen drop down a bit since we are riding a overbuy on the RSI, but looking out further we can see that we have lots more room to grow on the 1D/1W RSI out looks.