Trading GBP/USD: Short Entry Near 1.2627
GBP/USDShortPosition3h ago0 views
Trade Setup
Entry Price
1.2627
Stop Loss
1.2733
Take Profit
1.2416
Risk : Reward
1 : 1.99
RiskReward
Technical Analysis
Key support at 1.254 is holding. Resistance at 1.2672 is the target.
Fundamental Context
The macro environment favors short positions on GBP/USD. Keep an eye on upcoming data releases.
Trade Setup
Risk:reward is 2:1. Stop loss at 1.2733, take profit at 1.2416.
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