Weekly GBP/USD Outlook: Long Opportunity

GBP/USDLongScalp4d ago12 views

Trade Setup

Entry Price

1.2669

Stop Loss

1.2616

Take Profit

1.2801

Risk : Reward

1 : 2.49

RiskReward

Technical Analysis

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

Fundamental Context

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

Trade Setup

Entry at 1.2669 with stop at 1.2616 gives a clean 2.5:1 ratio. Target: 1.2801.

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