Short GBP/USD: Key Levels and Entry
GBP/USDShortSwing3h ago0 views
Trade Setup
Entry Price
1.2695
Stop Loss
1.2769
Take Profit
1.2548
Risk : Reward
1 : 1.99
RiskReward
Technical Analysis
GBP/USD has formed a strong pennant on the 4-hour chart. Entry near 1.2695 with stop below 1.2769.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 1.2695 with stop at 1.2769 gives a clean 2:1 ratio. Target: 1.2548.
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