H4: The currency pair continues to consolidate within a range bounded by the levels (2/8) and (3/8). Today, we expect the movement to continue within this range, with possible short-term price breakouts beyond the range boundaries. In the medium term, we anticipate a retracement to the main support/resistance level (4/8). After this, the further directional movement of the price can be determined.

Trading Decision: Sell at 1.2700, TP at 1.2620.