Title
GBPUSD M30 I Bullish Bounce

Type
Bullish Bounce

Preference:
Price is falling toward the pivot point of 1.2432, a pullback support that aligns with 38.2% Fibo retracement. A bounce from this level could lead the price to rise to 1st resistance at 1.2460, a multi-swing high resistance

Alternative scenario:
If price breaks below the pivot, it could fall to 1st support at 1.2404, a swing low support

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