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260819 GBPUSD

by | Aug 26, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-08-26

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2300. MACD which display diminishing bullish momentum suggest the pair to extend its retracement towards the support level 1.2220.

 

Resistance level: 1.2300, 1.2370

Support level: 1.2220, 1.2165