GBPJPY H4 | Bearish Drop

Title
GBPJPY H4 | Bearish Drop

Type
Bearish Drop

Preference:
Price is currently at the pivot point of 189.87, an overlap resistance. A reverse from this level could lead the price to fall to 1st support at 188.93, an overlap support level.

Alternative scenario:
If the price breaks above the pivot, it could rise to 1st resistance at 190.80, an overlap resistance level

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Source: Tickmill

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GBPJPY H4 | Bearish Drop

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