Sell on a level breakthrough of 1.4057 with 1.4000 target. Stop loss = 1.4117.
Reason for the trading strategy
The non-zero probability of the UK exiting from the EU increases the risk premium for investing in the British and European assets. A number of large investment banks find it conceivable that this year the GBPUSD pair will drop to the 1.3 level. In the short-term, the pound is likely to decline to the level of 1.4 dollars.