GBP/USD Trade Idea — Short from 1.2674
GBP/USDShortPosition5d ago7 views
Trade Setup
Entry Price
1.2674
Stop Loss
1.2713
Take Profit
1.2596
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Looking at the daily chart, GBP/USD is showing a clear bullish engulfing pattern near the 1.2674 level.
Fundamental Context
Fundamental catalysts align with the technical picture here. GBP/USD has room to move.
Trade Setup
Risk:reward is 2:1. Stop loss at 1.2713, take profit at 1.2596.
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