GCMAsia-GBPUSD

GBPUSD
2020-12-18

GBPUSD, H4: GBPUSD was traded higher following recent breakout above the previous resistance level 1.3505. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a short-term technical correction back towards the support level 1.3505.
Resistance level: 1.3735, 1.4025
Support level: 1.3505, 1.3300