*Setup pointed out by kate25* The pair has been in uptrend since mid-July. However on Friday the pair failed to make a new high due to slightly disappointing GDP numbers. What is important from a technical perspective is that price got rejected from 78.6 level and closed further below 61.8 level which indicates a shift in inclination for the pair towards sell. We suggest shorting the pair on market opening for a harmonic ABCD move to 1.1100 which has been a area of interest previously.