I do hope that everything is clear from my chart. I try to make my charts very understandable for you! Please see my previous analysis for GBP below in section "Related ideas", it can help you.
I would like cash out my TPs at 1.30400 . After that I am entering short from 1.3040 till 1.2650 ..Wave count is 101% valid . Wish you many Green pips .