GBPJPY H4 | Bearish breakout?

TitleGBPJPY H4 | Bearish breakout?TypeBearish BreakoutPreference:(We will wait for price to pullback at our pivot) Price is falling toward our pivot point of 184,62, which serves as resistance level. A reversal from this point could lead the price to drop to the 1st support at 1.25647, a multi-swing low support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 186.43, which serves as an overlap resistance levelTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.