With the evident of Impulse correction-the pair controlling the graph growth to short-out traders Invade. In the 4hr time-frame, an Impulse from 1.31979 navigating the free flow towards Bear Arena. Invade restriction would become a threat for Buyers. Moreover, the technical aspects are in favour of Downtrend formation. On the contrary, the pound can easily off the traps.
Signal Specification
Entry: 1.30812
TP: 1.29627
SL: 1.31979
R/R: 1.02