GBPUSD is approaching our first resistance where we might be seeing a drop below this level.
Entry: 1.2288
Why it's good : 23.6% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance
Stop Loss : 1.23362
Why it's good : 23.6% Fibonacci retracement
Take Profit : 1.21862
Why it's good: Horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement