To open long positions for GBP/USD, it is required:
I advise you to open long positions on the pound only after the breakout and consolidation above the resistance of 1.2963, which will lead to the formation of an upward trend in the area of 1.2002 and 1.3041, where I recommend profit taking. In the event of a decline in the pound in the morning, you can return to buying after a false breakdown in the area of 1.2922 or a rebound from 1.2886.
To open short positions for GBP/USD, it is required:
The formation of a false breakout at the level of 1.2963 and a return to it will be a good signal to new sales of the GBP/USD pair in order to re-update the low in the area of 1.2922, the breakout of which will lead to a larger sale in the level of 1.2886, where I recommend profit taking. If the pound rises above 1.2963 in the first half of the day, you can sell on a false break from 1.3002, or on a rebound from 1.3041.
Indicator description
Moving Average (average sliding) 50 days - yellow Moving Average (average sliding) 30 days - green MACD: fast EMA 12, slow EMA 26, SMA 9 Bollinger Bands 20