GBPUSD H4 I Potential bullish reversal?
TitleGBPUSD H4 I Potential bullish reversal?TypeBullish BouncePreference:Price is falling toward our pivot point of 1.25416 which is a pullback support level that aligns with 161.8% extension and 100% Fibo projection. A bounce off from here, price could rise to 1st resistance at 1.26182 which is a pullback resistance levelAlternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1.24472To 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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