GBPUSD H1 | Reacting off resistance?

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TitleGBPUSD H1 | Reacting off resistance?TypeBearish ReversalPreference:Price is rising toward our pivot point of 1.22888 which serves as a swing-high resistance level  A reversal from this point could lead the price to drop to the 1st support at 1.2223, an overlapping support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 1.23274To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

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