GBPUSD is approaching our first resistance where we might be seeing a drop below this level.
Entry: 1.2205
Why it's good : Horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.2254
Why it's good : Horizontal swing high resistance
Take Profit : 1.2079
Why it's good: Horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension