If you are bearish USD for the mid-term view, then cable can be one your watch-list since it has a very strong recovery from COt 30 low. I see an impulse in progress so more upside after a pullback will be expected. I will definitely be looking for wave 2 for possible longs, ideally from around 1.2900 area… if we get there. Short-term resistance is at 1.3060-1.3130.
GBPUSD, 1h
