GBP/USD Trade Idea — Short from 1.2691
GBP/USDShortSwing3h ago1 views
Trade Setup
Entry Price
1.2691
Stop Loss
1.2758
Take Profit
1.2558
Risk : Reward
1 : 1.99
RiskReward
Technical Analysis
GBP/USD has formed a strong bullish engulfing on the 4-hour chart. Entry near 1.2691 with stop below 1.2758.
Fundamental Context
Recent economic data supports a short move on GBP/USD. Central bank policy remains the key driver.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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