GCMAsia-GBPUSD

GBPUSD
2020-05-06

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2420. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2640, 1.2815
Support level: 1.2420, 1.2220