GBPUSD H4 | Potential bullish reversal?

TitleGBPUSD H4 | Potential bullish reversal?TypeBullish BouncePreference:Price is currently at our pivot point of 1.27734 which is an overlap support that lines up with 61.8% Fibo projection. A bounce off from here, price could push up to 1st resistance at 1.28715Alternative scenario:However, if price breaks below the pivot, it could fall to 1st support at 1.26484To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.