Title
GBPUSD M30 I Bearish Drop

Type
Bearish drop

Preference:
Price is currently at the pivot of 1.3027, a pullback resistance. A fall from this level could lead the price to fall to 1st support at 1.2976, an overlap support.

Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.3056.  above a swing high resistance

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