British Pound
Short
Updated

GBP/USD.. 30M chart patren..

578
GBP/USD short trade setup summarized clearly:


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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)



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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.

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