GBP/USD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.28595

Reason for Entry: 100% fibonacci extension, 50% fibonacci retracement, horizontal overlap resistance

Take Profit : 1.27247

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1.2912

Reason for Stop loss: Horizontal swing high resistance, 61.8% fibonacci retracement