GBPUSD is testing our first resistance where we might be seeing a drop below this level.
Entry: 1.2520
Why it's good : horizontal pullback resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension
Stop Loss : 1.2576
Why it's good : 38.2% Fibonacci retracement
Take Profit : 1.2460
Why it's good: 61.8% Fibonacci extension