Daily: in the area of the upper Bollinger Band (1.2658) continues to consolidate the forces for a possible breakout. However, we see a decline in the ADX indicator, indicating a possible move into a correction.
H4: stable horizontal Bollinger envelopes provide a flat scenario, with a rotation axis around the mid-band (1.2618).
H1: mark the borders of the sideways trend within the day: 1.2595-1.2635 (Bollinger envelope size). Forecast for the day – a flat in the specified boundaries.
Conclusions: flat in the range of 1.2595-1.2635.
Recommendations: trade in the range of 1.2595-1.2635.