GBP/USD: Bullish Trend Holds, Looking for a Push Higher
GBP/USDLongScalp4h ago1 views
Trade Setup
Entry Price
1.2675
Stop Loss
1.2605
Take Profit
1.2849
Risk : Reward
1 : 2.49
RiskReward
Market Outlook
GBP/USD remains strongly bullish. We're seeing underlying strength, with the pair up 0.31% today at 1.26888. The trend is clearly your friend here. Broad USD weakness continues to fuel this move. Key support at 1.2631 held firm, confirming buyer interest.
Clean Setup for Long
Taking this scalp trade on GBP/USD. Levels are clear. I'm looking to go long around 1.2675 on any brief pullback. This keeps us aligned with the prevailing bullish momentum. My stop loss is tight at 1.2605, just below the 1.2631 support, managing risk aggressively.
Target Ahead
For profit, I'm targeting 1.2849. This pushes us past the 1.2747 and 1.275 resistance levels, looking for that momentum to carry us higher towards 1.28. Always acknowledge uncertainty, but this setup has strong potential if the trend continues to hold.
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