GBP/USD Trade Idea — Short from 1.2661
GBP/USDShortScalp5h ago3 views
Trade Setup
Entry Price
1.2661
Stop Loss
1.2676
Take Profit
1.2624
Risk : Reward
1 : 2.47
RiskReward
Technical Analysis
Price action on GBP/USD suggests short momentum. The 15-minute structure is aligning with the higher timeframe trend.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2.5:1. Stop loss at 1.2676, take profit at 1.2624.
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