Should price action for the GBPUSD remain inside the 1.4925 to 1.4975 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position @ 1.4960
• Take Profit Zone: 1.5525 – 1.5575
• Stop Loss Level: 1.4800

Should price action for the GBPUSD breakout above 1.4975 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: 1.5525 – 1.5575
• Stop Loss Level: 1.4800

Should price action for the GBPUSD breakdown below 1.4925 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ 1.4890
• Take Profit Zone: 1.4700 – 1.4775
• Stop Loss Level: 1.4975

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