Title
GBPUSD H1 | Bearish reversal

Type
Bearish Reversal

Preference:
Price is rising toward the pivot point of 1.2580 which aligns with the 61.8% Fibo retracement,  A reverse from this level could lead the price to fall to 1st support at 1.2520, a swing low support level

Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.2657

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