Based on the details provided, here’s an outline of your GBP/USD

1. Trend: Bearish


2. Entry Point: 1.26000


3. Target (Take Profit): 1.22000


4. Stop Loss: 1.29000



Key Notes:

Risk/Reward Ratio:

Risk (Stop Loss): 300 pips (1.26000 to 1.29000)

Reward (Target): 400 pips (1.26000 to 1.22000)

Risk/Reward Ratio: 1:1.33 — acceptable for many strategies.


Lot Size & Risk Management:
Ensure your lot size aligns with your account's risk tolerance. A general rule is to risk no more than 1-2% of your account balance per trade.

Confirmation:
Look for additional confirmation signals such as candlestick patterns, momentum indicators, or resistance levels around 1.26000 to strengthen your entry decision.