GBPUSD H4 | React off resistance

TitleGBPUSD H4 | React off resistanceTypeBearish ReversalPreference:Price is approaching our pivot point of 1.27273 which is a multi swing high resistance level. A reverse from here, price could fall to 1st support level at 1.26739 that aligns with 50% Fibo retracement which is an overlap support.Alternative scenario:However, if price breaks above the pivot, it could push up to 1st resistance at 1.27735 which is a pullback resistanceTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.