GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at

29 Nis

Entry Point:
Marked at 1.34370, where the analyst anticipates a reversal or price rejection.

Stop Loss:
Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade.

Target (Take Profit):
Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall.

Resistance Point:
Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.

5 May

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