GBPUSD H4 | Bounce off support level?

TitleGBPUSD H4 | Bounce off support level?TypeBullish BouncePreference:Price is falling to our pivot point of 1.28511 which is a pullback support level that aligns with 50% Fibo retracement. A bounce off from here, price could rally to 1st resistance at 1.3136.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1.25982 which an overlap support 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.