Sell on a level breakthrough of 1.4503 with 1.4450 target. Stop loss = 1.4553.
Reason for the trading strategy
Today, the pound may be supported by the publication of industrial production in the UK. At the same time, consumer activity of British households, which forms the bulk of the country's GDP, remains weak. According to the British retailers consortium, the retail sales of the companies, who have been in the consortium for at least a year, rose by 0.1% (m/m) in December, with a forecast of 0.4% (m/m).