Title
GBPUSD M15 I Bearish Drop
Type
Bearish Drop
Preference:
Price is currently at the pivot point of 1.2612, A reverse from this level could lead the price to fall to 1st support at 1.2555, a multi-swing low support level.
Alternative scenario:
If price bounces the pivot, it could rise to 1st resistance at 1.2658. above swing high resistance.
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Source: Tickmill