GCMAsia - GBPUSD

GBPUSD
2019-05-08

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the MA line 50 (blue). MACD which illustrate diminishing bearish momentum suggest the pair to extend its rebound towards the resistance level 1.3105.
Resistance level: 1.3105, 1.3190
Support level: 1.3015, 1.2960