GCMAsia - GBPUSD

GBPUSD
2020-04-13

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2470. MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower toward the support level at 1.2340.
Resistance level: 1.2470, 1.2605
Support level: 1.2340, 1.2215