Pounding stalling ahead of 1.3020 area, looking for shorts to trigger around 1.3040

I have decide to let you know how to trade top down analysis from higher time frames to lower time frames.

We all have seen pound is looking for resistance around 1.3010 area, & I think this area is going to hold ahead of vote count & any pressure on this area will trigger shorts soon & that is no longer away from as we are already seen breach of 1.2950 area.

Trade plan to trade pound

My trade plan would be limit around 1.3040. I would put a sell limit around 1.3040 area & would put my stops just above 1.3080 area & look to target 1.2710 & 1.2550 respectively.

Pound is showing headwinds followed by strong momentum from lows but as we have seen news about brexit giving pounds strong bullish momentum , but that news is already fading and we can see no buying interest ahead of 1.3020 area, so I've seen strong momentum break through 1.3050 area and now price flagging the area already as we have seen strong bullish breakout is much awaited but that breakout could or should turn out to be just a Fakeout (FO)