GBPUSD H4 | Potential bearish reversal

GBPUSD H4 | Potential bearish reversal

Bearish Reversal

Price rises toward the pivot point of 1.2769, a pullback resistance. A reverse from this level could lead the price to fall to 1st support at 1.2708, an overlap support level

Alternative scenario:
If the price breaks above the pivot, it could rise to 1st resistance at 1.2836,  above a swing-high resistance level

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