Trading GBP/USD: Long Entry Near 1.2675
GBP/USDLongScalp2d ago1 views
Trade Setup
Entry Price
1.2675
Stop Loss
1.2604
Take Profit
1.2853
Risk : Reward
1 : 2.51
RiskReward
Technical Analysis
GBP/USD has formed a strong wedge on the 15-minute chart. Entry near 1.2675 with stop below 1.2604.
Fundamental Context
The macro environment favors long positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 1.2675 with stop at 1.2604 gives a clean 2.5:1 ratio. Target: 1.2853.
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