GBPJPY H4 | Bearish reversal off pivot?

TitleGBPJPY H4 | Bearish reversal off pivot?TypeBearish ReversalPreference:Price is rising towards our pivot point at 182.92, which is a multi-swing high resistance level. If price rejects our pivot point, then price could fall to the 1st support at 181.09, which is a a pullback support and at the 38.2% fibo retracement.Alternative scenario:If price breaks above the pivot, then price could rise towards the 1st resistance at 184.20, which is an overlap resistance, aligning with the 127.2% fibo extension and 61.8% fibo projection.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.