A growth is expected.
Assumingly, the formation of a "bearish" correction as the fourth wave within an expected starting wedge in wave 1 has finished. Locally, the first and the second waves of the junior level (i) and (ii) of iv seems to have formed, and if the assumption is correct, the pair continues growing towards 0.7470-0.7500. A critical for this scenario is the level of 0.7180.
Trading tips
Buy the pair above the level of 0.7180 with the target at 0.7470-0.7500.
Alternative scenario
The breakdown and consolidation below the level of 0.7180 would allow the pair to decline to 0.7100-0.7000.