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060619 GBPUSD

by | Jun 6, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-06-06

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2695. MACD which illustrate diminishing bullish momentum and the formation of death cross suggests the pair to extend its losses toward the support level at 1.2610.

 

Resistance level: 1.2695, 1.2745

Support level: 1.2610, 1.2555