Title

GBPUSD H4 | Bearish Reversal

Type

Bearish Reversal

Preference:

price is currently at the pivot of 1.3147, a pullback resistance close to 61.8% Fibo retracement. A reverse from this level could lead the price to fall to 1st support at 1.3106, a pullback support 

Alternative Scenario:

If price breaks above the pivot, it could rise to 1st resistance at 1.3191, a pullback resistance level.