GBPUSD H4 | Bullish reversal off 61.8% Fibo?

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GBPUSD H4 | Bullish reversal off 61.8% Fibo?

#OPINIONLEADER#

GBPUSD is falling towards a recent swing-low and could potentially reverse from here. We could see price bounce up to our take profit target. 

Entry: 1.26726 
Why we like it: 
There is a recent swing-low support that aligns with the 61.8% Fibonacci retracement level 

Stop Loss: 1.26066 
Why we like it: 
There is a pullback support that aligns with the 61.8% Fibonacci projection level 

Take Profit: 1.27793 
Why we like it: 
There is an overlap resistance that aligns close to the 50.0% Fibonacci retracement level 

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