GBP/USD Trade Idea — Short from 1.2648
GBP/USDShortIntraday2d ago4 views
Trade Setup
Entry Price
1.2648
Stop Loss
1.2653
Take Profit
1.2635
Risk : Reward
1 : 2.60
RiskReward
Technical Analysis
Price action on GBP/USD suggests short 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
Position sized for 2.5:1 R:R. Will trail stop once in profit.
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