Short GBP/USD: Key Levels and Entry

GBP/USDShortScalp1d ago3 views

Trade Setup

Entry Price

1.2650

Stop Loss

1.2651

Take Profit

1.2648

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Price action on GBP/USD suggests short momentum. The 15-minute structure is aligning with the higher timeframe trend.

Fundamental Context

The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.

Trade Setup

Risk:reward is 2.5:1. Stop loss at 1.2651, take profit at 1.2648.

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