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100720 GBPUSD-Noon

by | Jul 10, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-07-10

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2625. MACD which illustrate bearish momentum with the formation of death cross suggest the pair to extend its losses toward the support level at 1.2525.

 

Resistance level: 1.2625, 1.2665

Support level: 1.2525, 1.2435