GCMAsia-GBPUSD

GBPUSD
2020-06-03

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2525. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2635, 1.2765
Support level: 1.2525, 1.2420