GBP/USD approaching support, potential bounce!

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Price is testing its support where we expect to see a bounce up to its resistance.

Entry :1.2652

Why it's good : 61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support

Stop Loss : 1.2558

Why it's good : horizontal swing low support

Take Profit : 1.2764

Why it's good : Horizontal swing high resistance, 61.8% Fibonacci extension

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