GCMAsia - GBPUSD

GBPUSD
2020-07-21

GBPUSD, H4: GBPUSD remain traded in a sideway channel while currently testing the resistance level 1.2660. However, MACD which illustrate bullish momentum signal suggest the pair to be traded higher after it breaks above the resistance level.
Resistance level: 1.2660, 1.2810
Support level: 1.2510, 1.2340