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GBPUSD is approaching support where we might see a bounce in price.
Entry: 1.2645
Why it's good : Horizontal swing low support, 50% fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.2525
Why it's good : Horizontal swing low support, 100% Fibonacci extension
Take Profit : 1.2779
Why it's good: Horizontal swing overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement
