GBP/USD at Critical Level — Long Setup Forming
GBP/USDLongPosition3h ago0 views
Trade Setup
Entry Price
1.2607
Stop Loss
1.2538
Take Profit
1.2745
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
Looking at the daily chart, GBP/USD is showing a clear pennant pattern near the 1.2607 level.
Fundamental Context
Fundamental catalysts align with the technical picture here. GBP/USD has room to move.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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