Should price action for the GBPUSD remain inside the 1.5625 to 1.5675 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 1.5625
• Take Profit Zone: 1.6925 – 1.6975
• Stop Loss Level: 1.5125

Should price action for the GBPUSD breakout above 1.5675 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ Retracements in the trend; buy orders during dips
• Take Profit Zone: 1.6925 – 1.6975
• Stop Loss Level: 1.5125

Should price action for the GBPUSD breakdown below 1.5625 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 1.5590
• Take Profit Zone: 1.5190 – 1.5240
• Stop Loss Level: 1.5675

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