GBPUSD H4 | Rising towards resistance?

TitleGBPUSD H4 | Rising towards resistance?TypeBullish BouncePreference:The price is falling toward our pivot point of 1,2323, which serves as a pullback support level. A bounce from this point could lead the price to rise to the 1st resistance at 1,2417, a multi-swing high resistance.Alternative scenario:However, if the price breaks below the pivot, it might decline to the 1st support at 1.2264, a pullback support 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.