GBPUSD BUY LIMIT

GBPUSD BUY LIMIT
BUY @ 1.25000
Sl @ 1.24300
1st TP @ 1.27000
2nd TP @ 1.28300 (.50 fib level)

Expecting DXY reversal as its reached the highest level since 2020 & GBP strength as GBP INDEX is sitting on the .50 fib ( weekly timeframe)
GBPUSD is also sitting on the .618 fib level ( weekly timeframe). It has slowed down as it approached & already rejected just above the .618 fib & im expecting a retest before a push upwards. This pair is also extremely oversold on all timeframes.

1:4.7 rrr