Title
GBPUSD Day | Bullish bounce
Type
Bullish Bounce
Preference:
GBPUSD has bounced off the pivot at 1.27669, a pullback support, and is rising to the 1st resistance at 1.29933, the swing-high resistance.
Alternative scenario:
The price could pullback and reverse to the 1st support at 1.26335, the swing-low support.
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
Source: Tickmill