Sell on a level breakthrough of 1.5464 with 1.5407 target. Stop loss = 1.5514.
Reason for the trading strategy
A combination of weak data on retail sales in the UK and a strong macroeconomic statistics on the US played a trick on the British currency. Yesterday the GBP/USD pair dropped out of the range of 1,5536-1,5672. In the short term, there are risks of it weakening to reach the level of 1.5407.
GBPUSD, H4
