GCMAsia - GBPUSD

GBPUSD
2019-08-09

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the channel’s bottom level. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2090.
Resistance level: 1.2155, 1.2220
Support level: 1.2090, 1.1990