GCMAsia - GBPUSD

GBPUSD
2019-09-06

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level 1.2295. However, MACD which illustrate diminishing bullish bias signal suggest the pair to experience a technical correction in short term towards the support level 1.2295.
Resistance level: 1.2405, 1.2520
Support level: 1.2295, 1.2170