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110521 GBPUSD-Noon

by | May 11, 2021 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2021-05-11

GBPUSD, H4: GBPUSD was traded higher following recent breakout above the resistance level 1.4090. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to experience a technical correction back towards the level 1.4090.

 

Resistance level: 1.4190, 1.4280

Support level: 1.4090, 1.4000