GBP/USD Analysis: Long Bias This Week

GBP/USDLongSwing4h ago4 views

Trade Setup

Entry Price

1.2651

Stop Loss

1.2645

Take Profit

1.2663

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

GBP/USD has formed a strong head and shoulders on the 4-hour chart. Entry near 1.2651 with stop below 1.2645.

Fundamental Context

Recent economic data supports a long move on GBP/USD. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 2:1. Stop loss at 1.2645, take profit at 1.2663.

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