Sell on a level breakthrough of 1.4084 with 1.4011 target. Stop loss = 1.4134.
Reason for the trading strategy
The data on retail sales in the UK labor market will be published today. If a decline in the unemployment rate and a growth of wages in the country are recorded, the pound will adjust upwards. Meanwhile, from a technical point of view, there is a high likelihood of it reducing it to the level of 1.4011 dollars.