Long GBP/USD: Key Levels and Entry

GBP/USDLongSwing4h ago3 views

Trade Setup

Entry Price

1.2592

Stop Loss

1.2498

Take Profit

1.2779

Risk : Reward

1 : 1.99

RiskReward

Technical Analysis

Looking at the 4-hour chart, GBP/USD is showing a clear bullish engulfing pattern near the 1.2592 level.

Fundamental Context

Economic indicators suggest GBP/USD is positioned for a long move in the coming swing.

Trade Setup

Position sized for 2:1 R:R. Will trail stop once in profit.

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