Weekly GBP/USD Outlook: Long Opportunity

GBP/USDLongScalp5h ago3 views

Trade Setup

Entry Price

1.2673

Stop Loss

1.2608

Take Profit

1.2836

Risk : Reward

1 : 2.51

RiskReward

Technical Analysis

Looking at the 15-minute chart, GBP/USD is showing a clear inverse head and shoulders pattern near the 1.2673 level.

Fundamental Context

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

Trade Setup

Risk:reward is 2.5:1. Stop loss at 1.2608, take profit at 1.2836.

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