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GBPUSD H4 | Rising to 1st resistance?

GBPUSD H4 | Rising to 1st resistance?

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TitleGBPUSD H4 | Rising to 1st resistance?TypeBullish BouncePreference:The price is on the pivot point at 1.25689, an overlap support. It could bounce off pivot point and rise to 1st resistance level at 1.27206, an overlap resistance.Alternative scenario:Price will break through pivot point and fall to the 1st support level at 1.23732,  an overlap support.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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