GCMAsia-GBPUSD

GBPUSD
2020-04-03

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2500. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2500, 1.2730
Support level: 1.2300, 1.2125