GBP/USD: Short Play as Bearish Pressure Builds

GBP/USDShortIntraday2w ago8 views

Trade Setup

Entry Price

1.2643

Stop Loss

1.2664

Take Profit

1.2590

Risk : Reward

1 : 2.52

RiskReward

The Setup


GBP/USD is looking heavy around 1.26383. We've been in a sideways grind, but the -0.09% 24h change tells a story of slight weakness. My technical read: that 1.2656 resistance is holding firm, and we're seeing rejections there. This intraday short targets a breakdown from this range.

The Play


Entry at

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