GCMAsia-GBPUSD
GBPUSD
2020-06-08
GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2640. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2785, 1.2950
Support level: 1.2640, 1.2510