GBPUSD H4 I Potential bullish bounce?

TitleGBPUSD H4 I Potential bullish bounce?TypeBullish BouncePreference:We wait for The price to pullback our pivot point of 1.2558, which serves as a pullback support level. A bounce from this point could lead the price to rise to the 1st resistance at 1.2708, a swing-high resistance.Alternative scenario:However, if the price breaks below the pivot, it might decline to the 1st support at 1.2457, 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.