GCMAsia - GBPUSD

GBPUSD
2019-07-03

GBPUSD, H4: GBPUSD was traded lower following prior breakout below previous support level 1.2610. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a short-term technical correction towards the resistance level 1.2610.
Resistance level: 1.2610, 1.2675
Support level: 1.2520, 1.2440