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050819 GBPUSD-Noon

by | Aug 5, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-08-05

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.2125. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after successfully breaking below the support level.

 

Resistance level: 1.2220, 1.2300

Support level: 1.2125, 1.2045