GCMAsia - GBPUSD

GBPUSD
2020-02-11

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2920. However, MACD which illustrated bullish bias momentum suggest the pair to be traded higher in short term as technical correction.
Resistance level: 1.2920, 1.2975
Support level: 1.2870, 1.2820