Title
GBPUSD H4 | A reverse from 50% Fibo

Type
Bearish Reversal

Preference:
Price is approaching our pivot at 1.25888 which is an overlap resistance that lines up with a 50% Fibonacci retracement. A reverse from here, price could fall to 1st support at 1.25007 which is a swing low support. 

Alternative scenario:
However, if it breaks  above, price could push up to 1st resistance at 1.26767 which is a swing high resistance level.

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