GBP/USD: Short Play from Resistance - Levels are Clear
GBP/USDShortScalp1d ago3 views
Trade Setup
Entry Price
1.2693
Stop Loss
1.2750
Take Profit
1.2549
Risk : Reward
1 : 2.53
RiskReward
Market Outlook
GBP/USD is currently grinding sideways, stuck in a range between 1.2634 and 1.273. The price is at 1.26819, a small move up today. While the broader trend lacks direction, I'm looking for a short-term rejection off the top of this range. The overall market sentiment around the dollar strength could provide the push we need.
The Setup
My focus is on
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