The price is Retracing from Tuesday"s impulse after Boris Johnson was given an extension by both his government and the EU president. It went 50% retracement yesterday got to 1.29200 where the price started consolidating on small timeframes. There's also a confluence of the structure where support has turned into resistance. On that structure f support, the is a formation of a Harmonic pattern which can be used for a perfect entry - risking tiny amounts for a huge profit.
