Title
GBPUSD H4 | A reverse from 38.2% Fibo

Type
Bearish Reversal

Price is nearing our pivot point at 1.25356 which is a multi swing high resistance that aligns with a 38.2% Fibonacci retracement. A reverse from here, price could fall to 1st support at 1.24482 which is a multi swing low support level. 

Alternative scenario:
However,  if price breaks above the pivot,. it could rally to 1st resistance at 1.25847 which is a pullback resistance level.

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