GBP/USD Trade Idea — Short from 1.2631
GBP/USDShortIntraday4h ago2 views
Trade Setup
Entry Price
1.2631
Stop Loss
1.2686
Take Profit
1.2494
Risk : Reward
1 : 2.49
RiskReward
Technical Analysis
Looking at the 1-hour chart, GBP/USD is showing a clear reversal pattern near the 1.2631 level.
Fundamental Context
Fundamental catalysts align with the technical picture here. GBP/USD has room to move.
Trade Setup
Entry at 1.2631 with stop at 1.2686 gives a clean 2.5:1 ratio. Target: 1.2494.
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