GBP/USD: Bullish Trend Holds, Looking for a Push Higher

GBP/USDLongScalp4h ago4 views

Trade Setup

Entry Price

1.2675

Stop Loss

1.2605

Take Profit

1.2849

Risk : Reward

1 : 2.49

RiskReward

Market Outlook


GBP/USD remains strongly bullish. We're seeing underlying strength, with the pair up 0.31% today at 1.26888. The trend is clearly your friend here. Broad USD weakness continues to fuel this move. Key support at 1.2631 held firm, confirming buyer interest.

Clean Setup for Long


Taking this scalp trade on GBP/USD. Levels are clear. I'm looking to go long around 1.2675 on any brief pullback. This keeps us aligned with the prevailing bullish momentum. My stop loss is tight at 1.2605, just below the 1.2631 support, managing risk aggressively.

Target Ahead


For profit, I'm targeting 1.2849. This pushes us past the 1.2747 and 1.275 resistance levels, looking for that momentum to carry us higher towards 1.28. Always acknowledge uncertainty, but this setup has strong potential if the trend continues to hold.

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