GCMAsia - GBPUSD
GBPUSD
2020-03-06
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2940. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2975, 1.3015
Support level: 1.2940, 1.2905