Should price action for the GBPUSD remain inside the 1.5700 to 1.5725 zone the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Long Position
• Entry Level: Long Position @ 1.5710
• Take Profit Zone: 1.5810 – 1.5835
• Stop Loss Level: 1.5650

Should price action for the GBPUSD breakout above 1.5725 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone: 1.5810 – 1.5835
• Stop Loss Level: 1.5650

Should price action for the GBPUSD breakdown below 1.5700 the following trade set-up is recommended:

• Timeframe: H1
• Recommendation: Short Position
• Entry Level: Short Position @ 1.5675
• Take Profit Zone: 1.5575 – 1.5600
• Stop Loss Level: 1.5725

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