GBP/USD: The Structure is Clear for a Short Play at Key Resistance

GBP/USDShortPosition4h ago1 views

Trade Setup

Entry Price

1.2650

Stop Loss

1.2652

Take Profit

1.2647

Risk : Reward

1 : 1.50

RiskReward

Technical Setup and Entry Rationale


GBP/USD is currently navigating a very tight range, with the price action centered around 1.26493. The market has been constrained within a narrow day range

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