GBP/USD at Critical Level — Short Setup Forming

GBP/USDShortSwing4h ago1 views

Trade Setup

Entry Price

1.2633

Stop Loss

1.2710

Take Profit

1.2480

Risk : Reward

1 : 1.99

RiskReward

Technical Analysis

GBP/USD has formed a strong double top on the 4-hour chart. Entry near 1.2633 with stop below 1.271.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 1.271, take profit at 1.248.

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