Title
GBPUSD M15 I Bearish Drop

Type
Bearish Drop

Preference:
Price is currently at the pivot point of 1.2612, A reverse from this level could lead the price to fall to 1st support at 1.2555, a multi-swing low support level.

Alternative scenario:
If price bounces the pivot, it could rise to 1st resistance at 1.2658. above swing high resistance.

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.