GBPUSD H4 I Waiting for a pullback?

TitleGBPUSD H4 I Waiting for a pullback?TypeBearish ReversalPreference:The price is breaking thru our pivot point of 1.2397,  wait for a pullback at the pivot point . A reversal from this point could lead the price to drop to the 1st support at 1.2320, a pullback support level.Alternative scenario: However, if the price breaks above the pivot, it might rise to the 1st resistance at 1.2454, a swing-high resistance 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.