Title
GBPUSD Day | Reacting off resistance?

Type
Bearish Reversal

Preference:
The price is rising toward the pivot point at 1.23125, which is a pullback resistance level.  A reversal from this point could lead the price to drop to the 1st support at 1.21108, an overlap support

Alternative scenario:
However, if the price breaks above the pivot, it might rise to the 1st resistance at 1.24459, which serves as a pullback  resistance level

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