GBP/USD: Shorting the Range Top
GBP/USDShortIntraday2w ago6 views
Trade Setup
Entry Price
1.2675
Stop Loss
1.2708
Take Profit
1.2591
Risk : Reward
1 : 2.55
RiskReward
The Setup
GBP/USD is caught in a sideways grind around 1.26686. I'm seeing a clean setup for an intraday short. Price has struggled near the 1.2696 resistance. My entry is set at 1.2675, anticipating a rejection from this upper boundary of the current range. The trend is your friend, even within a range, we're looking to ride the move down.
Levels Are Clear
My Stop Loss is tight at 1.2
Comments