GBP/USD — Short Setup (scalp)

GBP/USDShortScalp3d ago1 views

Trade Setup

Entry Price

1.2626

Stop Loss

1.2693

Take Profit

1.2458

Risk : Reward

1 : 2.51

RiskReward

Technical Analysis

Key support at 1.2557 is holding. Resistance at 1.2669 is the target.

Fundamental Context

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

Trade Setup

Entry at 1.2626 with stop at 1.2693 gives a clean 2.5:1 ratio. Target: 1.2458.

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