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021120 GBPUSD

by | Nov 2, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-11-02

GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2875. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a technical correction in short term towards the resistance level 1.3065.

 

Resistance level: 1.3065, 1.3245

Support level: 1.2875, 1.2700