GCMAsia - GBPUSD
GBPUSD
2019-11-08
GBPUSD, H4: GBPUSD remain traded in a sideway channel while currently testing near the support level 1.2805. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher in short term as a technical correction towards the resistance level 1.2970.
Resistance level: 1.2970, 1.3095
Support level: 1.2805, 1.2690