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130320 GBPUSD

by | Mar 13, 2020 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2020-03-13

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.2570. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction towards the resistance level 1.2730.

 

Resistance level: 1.2730, 1.2870

Support level: 1.2570, 1.2400