GBP/USD: Fading Bullish Momentum at Key Resistance Levels

GBP/USDShortPosition4h ago3 views

Trade Setup

Entry Price

1.2709

Stop Loss

1.2805

Take Profit

1.2517

Risk : Reward

1 : 2.00

RiskReward

Technical Structure and Trade Thesis


The GBP/USD pair has shown resilience, currently trading at 1.26899, registering a 0.32% gain over the last 24 hours.

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