GBPUSD H4 I Bearish reversal

Title
GBPUSD H4 I Bearish reversal

Type
Bearish Reversal

Preference:
Price rises toward the pivot point of 1.2770, a pullback resistance. A reverse from this level could lead the price to fall to 1st support at 1.2698, a pullback support level that close to the 161.8% Fibo extension

Alternative scenario:
If the price breaks above the pivot, it could rise to 1st resistance at 1.2821, a multi swing-high resistance level

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Source: Tickmill

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GBPUSD H4 I Bearish reversal

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