Title
GBPUSD H4 | Potential bearish reversal
Type
Bearish Reversal
Preference:
Price has bounced off from our Pivot at 1.23955 which is a swing high resistance. if price were to reverse it could drop down to 1st support at 1.23464
Alternative scenario:
However, if price were to break above the pivot point it could push up to 1st resistance at 1.2467
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Source: Tickmill