Today the market is move unusual way, unlike the way of market behave quietly before the release of the rate. This is related to UK Election coming soon.

19:00 UK Bank Rate Decision
19:45 Europe Bid Rate Decision by 20:30 public release

Method1 – Breakout
GBPUSD - Breakout Strategy
Long - EP{1.5288}, SL {1.5251}, TP - 1.5393
Short - EP {1.5191}, SL {1.5223}, TP – 1.5068

EURUSD - Breakout Strategy
Long - EP{1.3378}, SL {1.3351}, TP- 1.3473.
Short - EP {1.3301}, SL {1.3339}, TP- 1.3208
Take Note:
1. To prevent false breakout, the price must broken through EP at least 10~15 pips and retrace back to EP before enter trade.
2. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Method 2 - Aggresive trader
GBPUSD Sell - EP “1.5260”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.5293}, TP {1.5158}
Enter pending order for opposite direction
Buy High {1.5293}, SL {1.5251}, TP{1.5393}

EURUSD Sell - EP “1.3350”,
When the market is no longer going upward instead it reversed downward, now it is time to enter Short trade, SL {1.3383}, TP{1.3248}
Enter pending order for opposite direction
Buy High{1.33933}, SL{1.3351}, TP{1.3493}

Take Note:
3. Aggressive trader: As long the condition for entry is fulfilled, EP can be plus or minus 20 pips
4. If hits SL, wait for retracement of 10-20 pips {low risk trader waits for retrace and break SL price again} to enter opposite trade.

Method 3 – Retrace {TP:50-80pips}
Buy low trader pays attention to the major line of
GBPUSD {1.5350, 1.5050}, EURUSD {1.3450 – 1.3150}.
SL=28pips, take profit and keep.