The pair had been sruggling to get above the consolidation point on the 1HR and 4HR charts. it has been in a strong uptrend since touching support at 1.2415. The pair stalled at this consolidation point but now looks to moved to the high and next 4HR resistance where I've placed my TP. the 4HR candle was bullish engulfing, I have taken a 2% risk on this trade.
TP @ 1.26585
SL @ 1.25702
R/R @ 2.0