GBP/USD Analysis: Short Bias This Scalp

GBP/USDShortScalp4d ago3 views

Trade Setup

Entry Price

1.2654

Stop Loss

1.2660

Take Profit

1.2639

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

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

Fundamental Context

Fundamental catalysts align with the technical picture here. GBP/USD has room to move.

Trade Setup

Entry at 1.2654 with stop at 1.266 gives a clean 2.5:1 ratio. Target: 1.2639.

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