GBPUSD approaching our first support where we are expecting a bounce above this level.
Entry: 1.2423
Why it's good : horizontal swing low support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement
Stop Loss : 1.2384
Why it's good : Horizontal swing low support
Take Profit : 1.2524
Why it's good: 61.8% Fibonacci extension, 76.4% Fibonacci retracement