GCMAsia - GBPUSD

GBPUSD
2019-08-06

GBPUSD, H4: GBPUSD was traded flat in a sideway channel. However, MACD which display diminishing bullish momentum suggest the pair to be traded lower in short term towards the support level 1.2100.
Resistance level: 1.2245, 1.2400
Support level: 1.2100, 1.1955