📈 Trade Idea#london-session#gbpusd#trade-idea#long
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Price Action Pro
Trader ·
GBP/USD Long Setup: London Open Bullish Continuation
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**Pair/Symbol:** GBP/USD
The pound is trading above the Asian session midpoint and holding a higher low structure on the 1H chart. With FTSE 100 futures pointing green and no significant UK data today, the path of least resistance looks higher.
**Entry:** 1.2680 (retest of broken Asian high)
**Stop Loss:** 1.2650 (below Asian session low)
**Take Profit 1:** 1.2720 (50-pip target, previous day high)
**Take Profit 2:** 1.2760 (weekly resistance)
**Risk/Reward:** 1:2.3 on TP1
The main risk to this setup is a surprise USD strength pop driven by morning US data or Fed speaker headlines. Keep size modest until London confirms direction in the first hour.
Are you watching GBP/USD today? Any alternative setups on the pound?