GBPUSD H4 | Bullish bounce?

Title
GBPUSD H4 | Bullish bounce?

Type
Bullish Bounce

Preference:
Price could bounce off the overlap support at 1.27198 and rise to the 1st resistance at 1.27918, the swing high resistance.

Alternative scenario:
Price could potentially break through the pivot at 1.27198 and fall to the 1st support at 1.26271, the pullback 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

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GBPUSD H4 | Bullish bounce?

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