GCMAsia - GBPUSD

GBPUSD
2019-10-15

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level 1.2515. However, MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to be traded lower in short term towards the support level 1.2515.
Resistance level: 1.2685, 1.2775
Support level: 1.2515, 1.2385