Title
GBPJPY H4 | Bearish reversal

Type
Bearish Reversal

Preference:
Price is rising toward the pivot of 191.43, a pullback resistance close to 38.2% Fib retracement. A reverse from this level could lead the price to fall to 1st support at 185.76, an overlap support

Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 195.05, a pullback resistance close to 1st resistance.

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