GBP/USD Short — Week Analysis

GBP/USDShortSwing5h ago1 views

Trade Setup

Entry Price

1.2639

Stop Loss

1.2692

Take Profit

1.2533

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

GBP/USD has formed a strong inverse head and shoulders on the 4-hour chart. Entry near 1.2639 with stop below 1.2692.

Fundamental Context

Fundamental catalysts align with the technical picture here. GBP/USD has room to move.

Trade Setup

Risk:reward is 2:1. Stop loss at 1.2692, take profit at 1.2533.

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