2618 setup is taken from the lowest 1.2515issh price handle. An aggressive short may do with SL above the double top. And We could also wait for a pattern Cypher formation. A good long opportunity for buying a possible retracement or could be TCT to the upside.
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The pattern is now completed at 1.2470. The 2618 setup in the chart is already invalid.
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SL would be just below the X point.
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TP 1 - 1:1 RR TP 2 - 1:1.5 RR
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It must be the GBPUSD the cable, not AUDUSD. I am sorry.