GBP/USD approaching support, potential bounce!

Trading Recommendation

Entry: 1.28863

Reason for Entry: 100 % Fibonacci extension, 38.2% fibonacci retracement, Horizontal swing low support

Take Profit : 1.32030

Reason for Take Profit: 78.6% Fibonacci retracement, Horizontal swing high resistance

Stop Loss: 1.27684

Reason for Stop loss: Horizontal swing low support