Of dynamic objects or sharp reflections is supported but will require addational memory overhead. It is targeted toward consoles and mid spec PC, so it must run very fast.
Important materials like metals rely on having reflections in all directions, which the Reflection Environment The Reflection Environment feature provides efficient glossy reflections in every area of the level. Using a Custom HDRI Cubemap in a Reflection Probe High Precision Static Mesh Vertex Normal and Tangent Encoding Setting Up a Level to use the Reflection Environment