11 Juni 2019, GBP/USD
Technical observation
GBP is still trading above a supportive level it established around 1.2588 and is currently showing signs of penetrating below the line but while price is still above it a possible correction to the upper side to the resistance zone 1.3498-1.3371 can still be expected, if this happens then you can sell GBP within the zone after a rejection with your take profit at 1.2588 and stop loss at 1.3981, but should there be a clear break below the level 1.2588, wait for a retracement to the just broken line and a rejection at it confirming possible bearish price rally before you sell this pair with your take profit at 1.1522 and stop loss at 1.3037.
Trade recommendation
Remain flat.