GCMAsia - GBPUSD

GBPUSD
2020-08-03

GBPUSD, H4: GBPUSD was traded lower following prior retracement from its high level. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its retracement towards the support level 1.3005.
Resistance level: 1.3200, 1.3320
Support level: 1.3005, 1.2810