GBP/USD Trade Idea — Short from 1.2648
GBP/USDShortPosition3d ago5 views
Trade Setup
Entry Price
1.2648
Stop Loss
1.2656
Take Profit
1.2633
Risk : Reward
1 : 1.87
RiskReward
Technical Analysis
Looking at the daily chart, GBP/USD is showing a clear reversal pattern near the 1.2648 level.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Risking 1-2% of account on this setup. Clear invalidation below 1.2656.
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