To open long positions for GBP / USD, you need:
The formation of a false breakout and a return to support level of 1.4073 will be the first signal to increase long positions in the pound, based on the yield to new weekly highs in the area of 1.4114 and 1.4147, where I recommend fixing the profits. If the pound is lowered to 1.4073, you can search for new long positions after upgrading the support level of 1.4023 or at a rebound of 1.3971.
To open short positions for GBP / USD, you need:
A return to the level of 1.4073 will point to another sellout in GBP / USD, whose goal is to break through and consolidate below the level of 1.4023, which will fall the pound to the new weekly lows in the are of 1.3971. In the case of growth above the level of 1.4073 in the first half of the day, you can sell the pound on a false breakout from 1.4114, but a more optimal level for this is located at 1.4147.
Indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
