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010519 GBPUSD-Noon

by | May 1, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-05-01

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level 1.3015. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower as a short term technical correction towards the support level 1.3015.

 

Resistance level: 1.3105, 1.3190

Support level: 1.3015, 1.2960