GBPUSD is approaching our first support where we are expecting a bounce above this level.
Entry: 1.2138
Why it's good : Horizontal swing low support, 61.8% Fibonacci extension
Stop Loss : 1.1912
Why it's good : horizontal swing low support
Take Profit : 1.2491
Why it's good: Horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension