GBP/USD: Bullish Momentum - Long Play Targeting 1.2886

GBP/USDLongScalp8h ago0 views

Trade Setup

Entry Price

1.2679

Stop Loss

1.2596

Take Profit

1.2886

Risk : Reward

1 : 2.49

RiskReward

Market View


GBP/USD is undeniably bullish, currently trading at 1.2696 after a solid 0.36% gain today. The trend is your friend, and the price action has held firmly above the key 1.265 support, even bouncing off the 1.2627 low of the day. This confirms strong underlying momentum.

The Setup


Clean setup for a scalp long. Taking this trade at 1.2679. My Stop Loss is tight at 1.2596, keeping risk controlled. We're aiming for a strong push to 1.2886,

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