Short GBP/USD: Key Levels and Entry
GBP/USDShortIntraday4h ago3 views
Trade Setup
Entry Price
1.2684
Stop Loss
1.2729
Take Profit
1.2572
Risk : Reward
1 : 2.49
RiskReward
Technical Analysis
GBP/USD has formed a strong inverse head and shoulders on the 1-hour chart. Entry near 1.2684 with stop below 1.2729.
Fundamental Context
Fundamental catalysts align with the technical picture here. GBP/USD has room to move.
Trade Setup
Risk:reward is 2.5:1. Stop loss at 1.2729, take profit at 1.2572.
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