GCM Asia – GBPUSD

GBPUSD, H4: GBPUSD was traded lower while currently testing the upward trendline. MACD which illustrated bearish bias momentum suggest the pair to be traded lower after it successfully breakout below the upward trendline.   Resistance level: 1.3700, 1.3805 Support...

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.3715. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level.   Resistance level: 1.3715,...

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.3700. MACD which illustrated bullish bias momentum suggest the pair to be traded higher toward the resistance level at 1.3805.   Resistance level: 1.3805, 1.3900...

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.3685. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses toward the support level at 1.3625.   Resistance level: 1.3685, 1.3735...

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher toward the resistance level at 1.3700.   Resistance level: 1.3700, 1.3805 Support level: 1.3620,...

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level 1.3700. MACD which illustrate diminishing bullish momentum signal suggest the pair to extend its gains after it breaks above the resistance level.   Resistance level: 1.3700, 1.3855...

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher toward the resistance level at 1.3700.   Resistance level: 1.3700, 1.3805 Support level: 1.3620,...

GBPUSD, H4: GBPUSD was traded within a range while currently testing the support level at 1.3685. MACD which illustrated diminishing bearish momentum suggest the pair to be traded lower after it successfully breakout below the support level.   Resistance level:...

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.3700. However, MACD which illustrated diminishing bullish momentum suggest the pair to undergo technical correction in short term.   Resistance level: 1.3800, 1.3900...

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.3685. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level.   Resistance level: 1.3685,...