GBPUSD is approaching our first resistance where we expect a drop below this level to our first support level.
Entry: 1.2583
Why it's good : horizontal overlap resistance, 38.2% Fibonacci retracement, descending resistance line, 100%, 61.8% Fibonacci extension
Stop Loss : 1.2618
Why it's good : 50% Fibonacci retracement
Take Profit : 1.2510
Why it's good: 50% Fibonacci retracement, Horizontal swing low support
