GBPUSD approaching support, potential bounce!

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Trading Recommendation

Entry: 1.27117

Reason for Entry: Ascending trend line, horizontal overlap support, 61.8% fibonacci retracement and 78.6% fibonacci extension

Take Profit: 1.27948

Reason for Take Profit: 61.8% fibonacci extension

Stop Loss: 1.26715

Reason for Stop Loss: Horizontal swing low support

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