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GBPUSD H4 | Bearish Drop

GBPUSD H4 | Bearish Drop

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TitleGBPUSD H4 | Bearish DropTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.2655, an overlap resistance. A reverse from this level could lead the price to fall to 1st support at 1.2607, an overlap support level.Alternative scenario:If price breaks above the pivot, it could rise to 1st resistance at 1.2698. a pullback resistance 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.
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