GCMAsia - GBPUSD

GBPUSD
2019-12-02

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2945. However, MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2890.
Resistance level: 1.2945, 1.2970
Support level: 1.2890, 1.2855