GBP/USD day I Bearish reversal?

TitleGBP/USD day I Bearish reversal?TypeBearish ReversalPreference:The price is rising toward our pivot point of 1.2786, which serves as a multi-swing resistance level. A reverse from this point could lead the price to fall to the 1st support at 1.2637, a pullback support.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 1.2897,  above the high resistance level. To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.