GCMAsia-GBPUSD

GBPUSD
2020-03-11

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2875. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2930, 1.2970
Support level: 1.2875, 1.2825