On the GBPUSD we can see a bat pattern forming, which will complete at point D. This is the exact point where we can see the 161.8% Fibonacci extension of the move that formed a few days ago. We can also see the 61.8% Fibonacci retracement around this area. All these things considered, I'm willing to enter. Entry: 1.31072 Stop: 1.30132 Target: 1.32559 = R:RR 1.58