GBPUSD: Short Term SellEntry: 1.3091
Stop Loss: 1.3170 (80 pips above entry)
Take Profit: 1.2970 (120 pips below entry, offering a 1.5:1 reward-to-risk ratio)
Reasoning:
GBP/USD faces increasing downward pressure as the U.K. economy remains fragile, while the U.S. dollar benefits from its relative strength. This trade offers a favorable risk-to-reward ratio in light of these macroeconomic factors.