Title

GBPUSD H4 | Bearish Reversal 

Type

Bearish Breakout

Preference:

price is rising toward of the pivot of 1.3344, a pullback resistance close to 127.20% Fibonacci Extension.A reverse from this level could lead the price to fall to 1st support at 1.3266, a pullback support.

Alternative Scenario:

If price breaks above the pivot, it could rise to 1st resistance at 1.3373, that line with the 61.80% Fibonacci Proection