GCMAsia-GBPUSD
GBPUSD
2020-08-10
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the 50 Moving average line (Blue). MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its gains after it successfully breakout above the resistance level at 1.3060.
Resistance level: 1.3060, 1.3150
Support level: 1.2985, 1.2890