GBPUSD H1 I Bearish reversal

TitleGBPUSD H1 I Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2746 which is a pullback resistance that aligns with 61.8% fibo retracement. A reverse from this point could lead the price to fall to 1st support at 1.2703, an overlap supportAlternative scenario:If price breaks above the pivot, it could rise to 1st resistance at 1.2775, a swing-high resistanceTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

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