since the middle of April we have seen this pair climb and climb looking at about a 254 pip increase which if you caught that you will be smiling. we could potentially see price consolidate again as you can see from the previous bits of price action from the uptrend which are highlighted in red, so if it does do that then look out for the breakout. another idea could be if we see price close above the 1.4800 area then we could see price create higher highs. if we see bearish activity then we are probably heading towards the 61.8 fib level of 1.12400 area