GCMAsia - GBPUSD

GBPUSD
2020-06-03

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2495. However, MACD which illustrate diminishing bullish momentum suggest the pair to undergo technical correction toward the support level at 1.2495.
Resistance level: 1.2625, 1.2750
Support level: 1.2495, 1.2435