Title
GBPUSD H4 | Falling to support level

Type
Bearish Breakout

Preference:
The price could break through the pivot at 1.26297, multi-swing low support, and reverse to the 1st support at 1.2508, the pullback support level.

Alternative scenario:

Alternatively, the price could rise to the 1st resistance at 1.27452, the swing-high resistance from the pivot at 1.26297.

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