GBP/USD Trade Idea — Short from 1.2637

GBP/USDShortPosition3h ago1 views

Trade Setup

Entry Price

1.2637

Stop Loss

1.2698

Take Profit

1.2515

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the daily chart, GBP/USD is showing a clear head and shoulders pattern near the 1.2637 level.

Fundamental Context

Recent economic data supports a short move on GBP/USD. Central bank policy remains the key driver.

Trade Setup

Risking 1-2% of account on this setup. Clear invalidation below 1.2698.

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