GBP/USD Trade Idea — Short from 1.2631

GBP/USDShortSwing3h ago4 views

Trade Setup

Entry Price

1.2631

Stop Loss

1.2717

Take Profit

1.2458

Risk : Reward

1 : 2.01

RiskReward

Technical Analysis

Key support at 1.256 is holding. Resistance at 1.2668 is the target.

Fundamental Context

Recent economic data supports a short move on GBP/USD. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 2:1. Stop loss at 1.2717, take profit at 1.2458.

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