GBPUSD D1 I Bullish Bounce
Title
GBPUSD D1 I Bullish Bounce
Type
Bullish Bounce
Preference:
Price is falling toward the pivot of 1.2564, an overlap support close to 61.8% Fibo retracement. A bounce from this level could lead the price to rise to 1st resistance at 1.2731, a pullback resistance.
Alternative scenario:
If price breaks below the pivot, it could fall to 1st support at 1.2453, an overlap support
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