GCMAsia - GBPUSD

GBPUSD
2019-08-07

GBPUSD, H4: GBPUSD was traded lower while currently testing the 20-MA line (green). MACD which display diminishing bullish momentum suggest the pair to extend its losses after successfully closing below the 20-MA line.
Resistance level: 1.2220, 1.2300
Support level: 1.2125, 1.2045