Weekly GBP/USD Outlook: Long Opportunity

GBP/USDLongScalp4h ago3 views

Trade Setup

Entry Price

1.2654

Stop Loss

1.2643

Take Profit

1.2683

Risk : Reward

1 : 2.64

RiskReward

Technical Analysis

Looking at the 15-minute chart, GBP/USD is showing a clear head and shoulders pattern near the 1.2654 level.

Fundamental Context

Recent economic data supports a long move on GBP/USD. Central bank policy remains the key driver.

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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