Title
EURGBP H4 | Bullish bounce

Type
Bullish Bounce

Preference:
The price could bounce off the pivot point at 0.85543, the multi-swing-low support and it might continue to rise to 1st resistance at 0.86172, the overlap resistance level which aligns with the 32.2% Fibonacci retracement.

Alternative scenario:
It might reverse and the 1st support at 0.85294, the swing-low support.

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