Title
GBPUSD H4 | Bullish bounce?

Type
Bullish Bounce

Preference:
Price could bounce off the overlap support at 1.27198 and rise to the 1st resistance at 1.27918, the swing high resistance.

Alternative scenario:
Price could potentially break through the pivot at 1.27198 and fall to the 1st support at 1.26271, the pullback support.

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