By Rab Jafri
Basic setup for Great British Pound and U.S dollar (GBP/USD), it’s a range play trade which has a good 3 to 1 ratio. It is more of a short term technical trend following trade.
Look to buy the Sterling at the current market price (1.5000) with a stop loss around 1.4920-1.4900 and a target 1.5280-1.5310