GBP/USD: A Calculated Short Position as Technical Resistance Holds Firm

GBP/USDShortPosition6d ago7 views

Trade Setup

Entry Price

1.2691

Stop Loss

1.2758

Take Profit

1.2558

Risk : Reward

1 : 1.99

RiskReward

Market Context and Technical Rationale


The GBP/USD pair is currently trading at 1.26778, showing a modest 0.22% gain over the past 24 hours. However,

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