GBPUSD H4 | Bounce of support level?

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TitleGBPUSD H4 | Bounce of support level?TypeBullish BouncePreference:Price is currently at our pivot point of 1.27746 which is a pullback support level that aligns with 61.8% Fibo projection. A bounce off from here, price could push up to 1st resistance at 1.2948 which is an pullback resistance.Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support level at 1.26937To 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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