GBPUSD H4 I Bearish Reversal
Title
GBPUSD H4 I Bearish Reversal
Type
bearish breakout
Preference:
Price is rising toward the pivot of 1.3117, a pullback resistance, a drop from this level could lead the price to fall to 1st support at 1.3033, a pullback support close to 38.2% Fibo retracement.
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.3176, a pullback resistance