GBP/USD at Critical Level — Short Setup Forming
GBP/USDShortSwing6h ago3 views
Trade Setup
Entry Price
1.2686
Stop Loss
1.2744
Take Profit
1.2570
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
GBP/USD has formed a strong wedge on the 4-hour chart. Entry near 1.2686 with stop below 1.2744.
Fundamental Context
Economic indicators suggest GBP/USD is positioned for a short move in the coming swing.
Trade Setup
Risk:reward is 2:1. Stop loss at 1.2744, take profit at 1.257.
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