GBP/USD Trade Idea — Long from 1.2629

GBP/USDLongIntraday4h ago4 views

Trade Setup

Entry Price

1.2629

Stop Loss

1.2601

Take Profit

1.2698

Risk : Reward

1 : 2.46

RiskReward

Technical Analysis

Price action on GBP/USD suggests long momentum. The 1-hour structure is aligning with the higher timeframe trend.

Fundamental Context

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

Trade Setup

Entry at 1.2629 with stop at 1.2601 gives a clean 2.5:1 ratio. Target: 1.2698.

Comments

Loading comments...