Weekly GBP/USD Outlook: Short Opportunity

GBP/USDShortPosition4h ago0 views

Trade Setup

Entry Price

1.2714

Stop Loss

1.2817

Take Profit

1.2508

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the daily chart, GBP/USD is showing a clear wedge pattern near the 1.2714 level.

Fundamental Context

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

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 1.2817.

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