GCMAsia - GBPUSD

GBPUSD
2020-05-06

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2435. However, MACD which illustrates diminishing bearish momentum signal suggest the pair to be traded higher in short term.
Resistance level: 1.2520, 1.2620
Support level: 1.2435, 1.2370