GBPUSD M5 | Bearish reversal

TitleGBPUSD M5 | Bearish reversalTypeBearish ReversalPreference:Wait for price to pullback at the pivot point at 1.27049 , an overlap resistance, A reverse from this point, could lead the price to fall to 1st support at 1.2671, a multi swing low support levelAlternative scenario:If price breaks above the pivot, it might rise to 1st resistance at 1.2734To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.