Trading GBP/USD: Long Entry Near 1.2599
GBP/USDLongScalp4h ago3 views
Trade Setup
Entry Price
1.2599
Stop Loss
1.2531
Take Profit
1.2768
Risk : Reward
1 : 2.49
RiskReward
Technical Analysis
GBP/USD has formed a strong ascending triangle on the 15-minute chart. Entry near 1.2599 with stop below 1.2531.
Fundamental Context
The macro environment favors long positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Position sized for 2.5:1 R:R. Will trail stop once in profit.
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