Buy on a level breakthrough of 1.4362 with 1.4479 target. Stop loss = 1.4312.
Reason for the trading strategy
The GBP/USD pair still has potential for growth, despite the 1% (m/m) decline in the UK retail sales in December. The probability of the US key interest rates increasing this week is low. At a breakthrough of the level of $1.4362, opening long positions in the pound should be considered.