GBPUSD H4 | React off resistance level?
TitleGBPUSD H4 | React off resistance level?TypeBearish ReversalPreference:Price has just reacted off our pivot point off 1.26525 which is an overlap resistance level. A reverse from here, price could fall to 1st support at 1.25647 which is a multi swing low support level.Alternative scenario:However, if price breaks above the pivot, it could rise to 1st resistance at 1.27241To 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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