GBP/USD bounced off support, potential for further upside

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Trading Recommendation

Entry: 1.23080

Reason for Entry: Ascending trend line, 78.6% fibonacci retracement

Take Profit : 1.23985

Reason for Take Profit: Horizontal pullback resistance, 61.8% fibonacci retracement, 100% fibonacci extension

Stop Loss: 1.22811

Reason for Stop loss: Horizontal swing low support

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