GBP/USD Short Trade Signal
📉 Sell GBP/USD
🔹 Entry: 1.2945
🔹 Stop Loss: 1.3020 (0.58%)
🔹 Take Profit: 1.2717 (1.77%)
🔹 Risk/Reward Ratio: 3.04
🔹 Timeframe: 4H
📌 Analysis:
Price is rejecting a key resistance zone near 1.2945.
Volume profile shows strong liquidity at this level.
Downside target aligns with previous demand zone at 1.2717.
Favorable risk/reward ratio of 3.04.
📉 Sell GBP/USD
🔹 Entry: 1.2945
🔹 Stop Loss: 1.3020 (0.58%)
🔹 Take Profit: 1.2717 (1.77%)
🔹 Risk/Reward Ratio: 3.04
🔹 Timeframe: 4H
📌 Analysis:
Price is rejecting a key resistance zone near 1.2945.
Volume profile shows strong liquidity at this level.
Downside target aligns with previous demand zone at 1.2717.
Favorable risk/reward ratio of 3.04.
GODO Capital Markets
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.
GODO Capital Markets
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.