GBPUSD is facing bearish pressure from our first resistance where we could be seeing a further drop below this level.
Why it's good : horizontal pullback resistance, 50% Fibonacci retracement
Stop Loss : 1.2522
Why it's good : horizontal swing high resistance
Take Profit : 1.2167
Why it's good: Horizontal overlap support, 50% 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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