GBP/USD Trade Idea — Short from 1.2699
GBP/USDShortPosition5h ago1 views
Trade Setup
Entry Price
1.2699
Stop Loss
1.2779
Take Profit
1.2540
Risk : Reward
1 : 1.99
RiskReward
Technical Analysis
GBP/USD has formed a strong breakout on the daily chart. Entry near 1.2699 with stop below 1.2779.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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