Sell on a level breakthrough of 1.5533 with 1.5442 target. Stop loss = 1.5583.
Reason for the trading strategy
In May, the UK manufacturing output fell by 0.6% (m/m) with an expected growth of 0.1% (m/m). Against the background of the strengthening US dollar against the euro, the negative data put pressure on the GBP/USD pair.
GBPUSD, H4