EURGBP H4 | Bullish bounce

TitleEURGBP H4 | Bullish bounceTypeBullish BouncePreference:EURGBP has bounced off the pivot at 0.86128, the overlap support, which aligns with the 61.8% Fibonacci retracement level. The price could continue to rise to the 1st resistance level at 0.86492, the overlap resistance.Alternative scenario:The price could pullback and breakout of the pivot at 0.86128, and fall to the 1st support at 0.85795, the pullback support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.