GCMAsia - GBPUSD

GBPUSD

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the downward trendline. MACD which illustrate diminished upward momentum suggests the pair to extend its losses after successfully closing below 1.2930.
Resistance level: 1.2990, 1.3060
Support level: 1.2930, 1.2855