EURGBP H4 | Bullish reversal off 161.8% fibo?

Title:EURGBP H4 | Bullish reversal off 161.8% fibo?TypeBullish BouncePreference:Price could bounce off our pivot point at 0.8639, which is a multi-swing low support level, and at the 161.8% fibo extension. If price bounce off from our pivot point, price could rise towards the 1st resistance at 0.8660, which is an overlap resistance level.Alternative scenario:If price breaks below the pivot point, then price could fall to the 1st support at 0.8620, which is a swing low 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.