GCMAsia - GBPUSD

GBPUSD
2019-06-10

GBPUSD, H4: GBPUSD was traded lower following recent retracement towards the resistance level 1.2745. MACD which illustrate bearish momentum signal with the formation of death cross suggest the pair to extend its retracement towards the support level 1.2680.
Resistance level: 1.2745, 1.2795
Support level: 1.2680, 1.2610