GCMAsia-GBPUSD

GBPUSD
2020-07-07

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.2520. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2520, 1.2590
Support level: 1.2410, 1.2330