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FX.co ★ GBPUSD reaching 1st support, potential bounce !

GBPUSD reaching 1st support, potential bounce !

GBPUSD reaching 1st support, potential bounce !

Trading Recommendation

Entry: 1.2167

Reason for Entry: Horizontal swing low, 61.8% fibonacci retracement

Take Profit :1.2297

Reason for Take Profit: Horizontal swing high resistance

Stop Loss: 1.2073

Reason for Stop loss: Horizontal swing low

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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