GBP/USD 2H Trade Plan

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GBP/USD 2H Trade PlanBritish Pound vs US DollarFPMARKETS:GBPUSDJasmine-FlowerGBP/USD 2H Trade Plan Trading Pair: GBP/USD Timeframe: 2 Hours Trade Direction: Short 1. Entry Condition: Enter short position on minor pullback near 1.35150 2. Stop Loss Level: Set stop loss at 1.35598 3. Profit Taking & Risk Management Rules ◦ First profit target at 1.34029: Reduce half of the position and move stop loss to break-even ◦ Second profit target at 1.33173: Reduce half of the remaining position and trail stop loss downward ◦ Third profit target at 1.32000: Close all remaining short positions completely 4. Subsequent Trading Plan: After fully closing the short position, seek valid reversal signals to initiate a long position. Forex Trading Risk Disclosure Foreign exchange trading involves substantial market risks including high price volatility, leverage risk, global macroeconomic policy fluctuations, unexpected geopolitical events and liquidity gaps. Past trading results do not guarantee future profitability. All trading activities are conducted at your own financial risk. Please strictly control your position size and never trade with capital you cannot afford to lose.