GCMAsia - GBPUSD

GBPUSD
2020-05-04

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2520. MACD which illustrate bearish momentum signal suggest the pair to be traded lower toward the support level at 1.2435.
Resistance level: 1.2520, 1.2620
Support level: 1.2435, 1.2370