GBP/USD Analysis: Short Bias This Scalp
GBP/USDShortScalp4h ago3 views
Trade Setup
Entry Price
1.2684
Stop Loss
1.2729
Take Profit
1.2571
Risk : Reward
1 : 2.51
RiskReward
Technical Analysis
Looking at the 15-minute chart, GBP/USD is showing a clear wedge pattern near the 1.2684 level.
Fundamental Context
Fundamental catalysts align with the technical picture here. GBP/USD has room to move.
Trade Setup
Position sized for 2.5:1 R:R. Will trail stop once in profit.
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