Is 127 over 75 with a pulse rate of 72 a good reading for a 61 year old female?

That blood pressure (and pulse) is very good for a 61 year old female, especially if you do not take any blood pressure medications!

It would be ideal to get the systolic (top number) down to around 110 or 120, but if I were your medical provider, I would definitely NOT complain about 127/75 w/ a pulse of 72. If you add in just a bit more exercise and cut back just a touch on sodium (processed food/salt), your BP should lower a bit, and that would get you at or below 120 for the systolic.