GBPUSD is reversing off our first resistance where we remain bearish below our first resistance level.
Entry: 1.2472
Why it's good : horizontal swing high resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.2503
Why it's good : horizontal pullback resistance, 61.8% Fibonacci retracement
Take Profit : 1.2430
Why it's good: 100% Fibonacci extension