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021219 GBPUSD

by | Dec 2, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-12-02

GBPUSD, H4: GBPUSD remain traded in a sideway channel following recent retracement from its high level. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower in short term towards the support level 1.2785.

 

Resistance level: 1.2970, 1.3095

Support level: 1.2785, 1.2690