GBP/USD at Critical Level — Short Setup Forming
GBP/USDShortSwing3d ago5 views
Trade Setup
Entry Price
1.2675
Stop Loss
1.2715
Take Profit
1.2594
Risk : Reward
1 : 2.02
RiskReward
Technical Analysis
Key support at 1.2642 is holding. Resistance at 1.2692 is the target.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 1.2675 with stop at 1.2715 gives a clean 2:1 ratio. Target: 1.2594.
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