### Overview:
π **Trade Type:** Short
π **Currency Pair:** GBP/USD
πΌ **Timeframe:** 4H
### Trade Setup:
π― **Entry Price:** 1.27266
π **Stop Loss:** 1.27769
π― **Take Profit:** 1.25666
### Trade Rationale:
π **Technical Analysis:**
- GBP/USD pair is trading near a five-month high, as the market expects the Bank of England to cut interest rates later than the US Federal Reserve.
- GBP/USD pair is trading near a five-month high, as the market expects the Bank of England to cut interest rates later than the US Federal Reserve.
### Risk Management:
π‘οΈ **Risk-Reward Ratio:** 3.18
π‘ **Risk Management Strategy:**
- Just Trade With TP and SL
### Important Notes:
π **Trade Date:** 10-01-2024
π **Market Conditions:** Bearish
### Disclaimer:
π¨ **Disclaimer:** Trading involves risk, and past performance is not indicative of future results. This signal is for educational purposes only. Always do your own research and consider your risk tolerance.
### Feedback and Comments:
π£ **Feedback:** We value your feedback! Feel free to share your thoughts in the comments below.
### Happy Trading! π
π **Trade Type:** Short
π **Currency Pair:** GBP/USD
πΌ **Timeframe:** 4H
### Trade Setup:
π― **Entry Price:** 1.27266
π **Stop Loss:** 1.27769
π― **Take Profit:** 1.25666
### Trade Rationale:
π **Technical Analysis:**
- GBP/USD pair is trading near a five-month high, as the market expects the Bank of England to cut interest rates later than the US Federal Reserve.
- GBP/USD pair is trading near a five-month high, as the market expects the Bank of England to cut interest rates later than the US Federal Reserve.
### Risk Management:
π‘οΈ **Risk-Reward Ratio:** 3.18
π‘ **Risk Management Strategy:**
- Just Trade With TP and SL
### Important Notes:
π **Trade Date:** 10-01-2024
π **Market Conditions:** Bearish
### Disclaimer:
π¨ **Disclaimer:** Trading involves risk, and past performance is not indicative of future results. This signal is for educational purposes only. Always do your own research and consider your risk tolerance.
### Feedback and Comments:
π£ **Feedback:** We value your feedback! Feel free to share your thoughts in the comments below.
### Happy Trading! π