Weekly GBP/USD Outlook: Short Opportunity
GBP/USDShortIntraday13h ago2 views
Trade Setup
Entry Price
1.2619
Stop Loss
1.2705
Take Profit
1.2404
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
Key support at 1.2531 is holding. Resistance at 1.2674 is the target.
Fundamental Context
Economic indicators suggest GBP/USD is positioned for a short move in the coming intraday.
Trade Setup
Risk:reward is 2.5:1. Stop loss at 1.2705, take profit at 1.2404.
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