GCMAsia - GBPUSD

GBPUSD
2019-03-06

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.3205. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short term technical correction back towards the resistance level 1.3205.
Resistance level: 1.3205, 1.3285
Support level: 1.3095, 1.2975