British Pound / U.S. Dollar
Updated

GBPUSD insights

105
Alert for GBP/USD on M30:
Setup Details:
• Entry Zone: 1.26617 - 1.2656
• Stop Loss: 15 pips below the entry zones
• Status: Currently unresolved
Take Profit Strategy:
• Target Price: 1.27680
• Nearest Resistance: 1.27698 (Potential short sell point - sharp entry)
Risk/Reward Ratio:
• Risk: 20 pips
• Reward: 100 pips
Analysis:
• Entry is recommended within the specified zone.
• Stop losses are placed 15 pips below the entry zones.
• The trade remains unresolved at present.
• For take profit, target the point at 1.27680, considering the nearest resistance at 1.27698 for a potential short sell (sharp entry).
• The risk/reward ratio for this setup is 1:5 (20 pips risk for 100 pips reward).
Note: Please execute trades cautiously and manage risk accordingly.
Trade closed: stop reached

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