Weekly GBP/USD Outlook: Long Opportunity

GBP/USDLongPosition4h ago1 views

Trade Setup

Entry Price

1.2667

Stop Loss

1.2590

Take Profit

1.2821

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the daily chart, GBP/USD is showing a clear ascending triangle pattern near the 1.2667 level.

Fundamental Context

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

Trade Setup

Risk:reward is 2:1. Stop loss at 1.259, take profit at 1.2821.

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