GCMAsia-GBPUSD

GBPUSD
2020-06-19

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2465. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2545, 1.2640
Support level: 1.2340, 1.2215