Weekly GBP/USD Outlook: Short Opportunity
GBP/USDShortIntraday5h ago3 views
Trade Setup
Entry Price
1.2673
Stop Loss
1.2704
Take Profit
1.2596
Risk : Reward
1 : 2.48
RiskReward
Technical Analysis
Key support at 1.2642 is holding. Resistance at 1.2693 is the target.
Fundamental Context
Economic indicators suggest GBP/USD is positioned for a short move in the coming intraday.
Trade Setup
Entry at 1.2673 with stop at 1.2704 gives a clean 2.5:1 ratio. Target: 1.2596.
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