GBP/USD: Fading Resistance, Targeting a Breakdown

GBP/USDShortIntraday7h ago1 views

Trade Setup

Entry Price

1.2635

Stop Loss

1.2679

Take Profit

1.2526

Risk : Reward

1 : 2.48

RiskReward

Technical Outlook


GBP/USD is trading sideways, currently at 1.26258, with some slight negative momentum today (-0.19%). We're seeing resistance at 1.2662 holding

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