GBPUSD is currently looking to target 1.4200 level and break of that will set 1.3800 as next target which can be further extended. Traders will look to sell GBPUSD around 1.4290 level and if GBPUSD move above 1.4400 level, another good sell can be seen around 1.4450 for initial targets around 1.4150 level.
Recommended Trade Levels
Trade 1: Sell GBPUSD @ 1.4290
Trade 2: Sell GBPUSD @ 1.4450
Stop: 1.4500
Profit Target 1: 1.4150
Profit Target 2: 1.4030
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