GCMAsia - GBPUSD

GBPUSD
2020-03-12

GBPUSD, Daily: GBPUSD was traded lower following prior breakout below the previous support level at 1.2915. MACD which illustrated diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.2745.
Resistance level: 1.2915, 1.3130
Support level: 1.2745, 1.2570