GCMAsia-GBPUSD

GBPUSD
2020-03-09

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.3060. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.3125, 1.3205
Support level: 1.3060, 1.2995