Trading GBP/USD: Long Entry Near 1.2643

GBP/USDLongSwing5d ago3 views

Trade Setup

Entry Price

1.2643

Stop Loss

1.2632

Take Profit

1.2665

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

GBP/USD has formed a strong wedge on the 4-hour chart. Entry near 1.2643 with stop below 1.2632.

Fundamental Context

Economic indicators suggest GBP/USD is positioned for a long move in the coming swing.

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 1.2632.

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