This symbol is now trading in the consolidation zone (1.19 to 1.2260). Further, price has completed a five wave pattern and undergoing a correction. The price seems to have just broken out of the falling triangle. Moreover, with the current optimism from the brexit deal which seems to address the Northern Ireland protocol, I expect this pair to complete the formation of major wave 2 ( resistance zone ) with a price target of 1.2210 to 1.2260. If the resistance zone holds (the resistance of the consolidation), I would expect price to begin major wave 3 down.