GCMAsia- GBPUSD

GBPUSD
2019-10-02

GBPUSD, H4: GBPUSD was traded lower following retracement from the 20 MA line (Red). However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2360, 1.2430
Support level: 1.2265, 1.2210