GBP/USD Trade Idea — Long from 1.2575

GBP/USDLongPosition3d ago3 views

Trade Setup

Entry Price

1.2575

Stop Loss

1.2454

Take Profit

1.2817

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

GBP/USD has formed a strong reversal on the daily chart. Entry near 1.2575 with stop below 1.2454.

Fundamental Context

Fundamental catalysts align with the technical picture here. GBP/USD has room to move.

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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