GBP/USD Trade Idea — Short from 1.2677
GBP/USDShortIntraday3h ago0 views
Trade Setup
Entry Price
1.2677
Stop Loss
1.2713
Take Profit
1.2588
Risk : Reward
1 : 2.47
RiskReward
Technical Analysis
GBP/USD has formed a strong double top on the 1-hour chart. Entry near 1.2677 with stop below 1.2713.
Fundamental Context
Economic indicators suggest GBP/USD is positioned for a short move in the coming intraday.
Trade Setup
Entry at 1.2677 with stop at 1.2713 gives a clean 2.5:1 ratio. Target: 1.2588.
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