Sell on a level breakthrough of 1.4600 with 1.4530 target. Stop loss = 1.4650.
Reason for the trading strategy
If the UK trade deficit fell to less than 10 billion pounds in November, the GBP/USD pair could consolidate above the 1.4645 level. Meanwhile, the expectations of a release of some good US labor market data increase the likelihood of the US Federal Reserve raising the key interest rate further and push the pair to the 1.4530 level.