GBPUSD Long Trade Setup
📊 GBP/USD Long Trade Setup
📌 Entry Price: 1.24553
🎯 Take Profit: 1.34004
🛡️ Stop Loss: 1.19827
This long trade setup on GBP/USD is based on a key support level around the entry price of 1.24553, where the price has shown historical buying interest. The stochastic indicator is currently in the oversold zone, indicating a possible reversal to the upside. The take profit is set near a previous resistance zone at 1.34004, while the stop loss is placed below recent lows at 1.19827 for risk protection. This setup provides a favorable risk-to-reward ratio, aligning with technical confluences. ✅
📌 Entry Price: 1.24553
🎯 Take Profit: 1.34004
🛡️ Stop Loss: 1.19827
This long trade setup on GBP/USD is based on a key support level around the entry price of 1.24553, where the price has shown historical buying interest. The stochastic indicator is currently in the oversold zone, indicating a possible reversal to the upside. The take profit is set near a previous resistance zone at 1.34004, while the stop loss is placed below recent lows at 1.19827 for risk protection. This setup provides a favorable risk-to-reward ratio, aligning with technical confluences. ✅
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