GBP/USD facing bearish pressure from resistance, potential for further drop!

Trading Recommendation

Entry: 1.29485

Reason for Entry: 23.6% fibonacci retracement, breakout level

Take Profit : 1.28177

Reason for Take Profit: Horizontal swing low support,78.6% fibonacci extension

Stop Loss: 1.30188

Reason for Stop loss: 38.2% fibonacci retracement