GCMAsia-GBPUSD

GBPUSD
2020-02-06

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level at 1.3000. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3000, 1.3030
Support level: 1.2965, 1.2940