Title
GBPUSD M30 | Bullish Bounce

Type
Bullish Bounce

Preference:
Price is falling toward the pivot point of 1.2322, a pullback support,  A bounce from this level could lead the price to rise  to 1st resistance level at 1.239, an overlap resistance.

Alternative scenario:
If the price breaks below  the pivot, it could fall  to 1st support at 1.2282, aligns with the 127.2% Fibonacci extension

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