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090420 GBPUSD

by | Apr 9, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-04-09

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2340. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.2470.

 

Resistance level: 1.2470, 1.2605

Support level: 1.2340, 1.2215