GBPUSD H4 | Falling to 50% Fibo support

TitleGBPUSD H4 | Falling to 50% Fibo supportTypeBullish BouncePreference:Price is falling towards the pivot point of 1.26699 and could potentially reverse from here; we could see momentum carry price up/down to its 1st resistance at 1.27522.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 1.26044.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.