GBP/USD — Short Setup (intraday)

GBP/USDShortIntraday3h ago3 views

Trade Setup

Entry Price

1.2677

Stop Loss

1.2713

Take Profit

1.2587

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

Key support at 1.264 is holding. Resistance at 1.27 is the target.

Fundamental Context

The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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