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050520 GBPUSD

by | May 5, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-05-05

GBPUSD, H4: GBPUSD was traded higher following prior rebound near the support level at 1.2435. MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher toward the resistance level at 1.2520.

 

Resistance level: 1.2520, 1.2620

Support level: 1.2435, 1.2370