GBP/USD short trade setup summarized clearly:
---
Trade Setup:
Pair: GBP/USD
Direction: SELL
Entry: 1.32150
Resistance (Stop-Loss Area): 1.32500
Target 1: 1.31690 (approx. +46 pips)
Target 2: 1.31000 (approx. +115 pips)
---
Risk/Reward Analysis (R:R):
Stop-loss: 1.32500 (−35 pips)
Target 1 R:R: ~1.3:1
Target 2 R:R: ~3.3:1
This setup has a solid R:R if price reacts from the 1.32150 level and respects 1.32500 as resistance.
Would you like a quick technical chart analysis or fundamental outlook to back the trade?
---
Trade Setup:
Pair: GBP/USD
Direction: SELL
Entry: 1.32150
Resistance (Stop-Loss Area): 1.32500
Target 1: 1.31690 (approx. +46 pips)
Target 2: 1.31000 (approx. +115 pips)
---
Risk/Reward Analysis (R:R):
Stop-loss: 1.32500 (−35 pips)
Target 1 R:R: ~1.3:1
Target 2 R:R: ~3.3:1
This setup has a solid R:R if price reacts from the 1.32150 level and respects 1.32500 as resistance.
Would you like a quick technical chart analysis or fundamental outlook to back the trade?
Trade active
trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.