GBPUSD is near support, a bounce to 1st resistance is possible
Why it's good : 161.8% Fibonacci extension, 100% Fibonacci extension, horizontal swing low support
Stop Loss : 1.2373
Why it's good :61.8% Fibonacci extension
Take Profit : 1.2651
Why it's good: 61.8% Fibonacci extension, horizontal pullback resistance, 38.2% Fibonacci retracement
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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