GBP/USD Trade Idea — Long from 1.2659

GBP/USDLongIntraday5h ago1 views

Trade Setup

Entry Price

1.2659

Stop Loss

1.2633

Take Profit

1.2725

Risk : Reward

1 : 2.54

RiskReward

Technical Analysis

GBP/USD has formed a strong pullback on the 1-hour chart. Entry near 1.2659 with stop below 1.2633.

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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