Short GBP/USD: Key Levels and Entry
GBP/USDShortScalp4d ago13 views
Trade Setup
Entry Price
1.2697
Stop Loss
1.2759
Take Profit
1.2542
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
GBP/USD has formed a strong bullish engulfing on the 15-minute chart. Entry near 1.2697 with stop below 1.2759.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Position sized for 2.5:1 R:R. Will trail stop once in profit.
Comments