Buy on a level breakthrough of 1.5670 with 1.5770 target. Stop loss = 1.5620.
Reason for the trading strategy
In May, the jobless rate in the UK grew from 5.5% to 5.6%. In June, the number of unemployed in the UK rose by 7 thousand with an expected decline by 8.9 thousand. The deterioration of the situation in the labor market will have a restraining effect on the future growth rate of the British economy. Meanwhile, the adjusting growth in the EUR/USD pair from the 1.09 level could support the pound against the US dollar.