GBPUSD Target 1.2000

DMI indicator confirms range market conditions, but ADX line rises and it can be a signal that we'll see strong down movement soon. Price passed through the cloud and we can sell below 1.2200 level. Stop orders should be placed above 1.2400 or the local swing high. Profit target is 1.2000 level. You can also use trailing-stop orders for exit.