GBP/USD: Riding the Bullish Wave Intraday

GBP/USDLongIntraday3h ago1 views

Trade Setup

Entry Price

1.2682

Stop Loss

1.2593

Take Profit

1.2904

Risk : Reward

1 : 2.49

RiskReward

Market Overview


GBP/USD shows strong bullish momentum, up 0.39% today, currently at 1.26994. The trend is clearly up – "the trend is your friend." I'm looking for continuation on this intraday play.

Trade Setup


Going long GBP/USD. Entry at 1.2682. This aligns with the overall bullish push. My Stop Loss is set tight at 1.2593, just below the 1.26 support. For Take Profit, targeting 1.2904, pushing past the 1.2773 resistance, aiming for a significant move if macro tailwinds persist. Watching closely for confirmation.

Comments

Loading comments...