GBP/USD at Critical Level — Short Setup Forming

GBP/USDShortScalp2h ago2 views

Trade Setup

Entry Price

1.2672

Stop Loss

1.2701

Take Profit

1.2600

Risk : Reward

1 : 2.48

RiskReward

Technical Analysis

Key support at 1.2642 is holding. Resistance at 1.269 is the target.

Fundamental Context

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

Trade Setup

Risk:reward is 2.5:1. Stop loss at 1.2701, take profit at 1.26.

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