GCMAsia- GBPUSD

GBPUSD
2019-10-03

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the 20 MA line (Red). However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2360, 1.2410
Support level: 1.2265, 1.2205