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120320 GBPUSD

by | Mar 12, 2020 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2020-03-12

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.2870. MACD which illustrate persistent bearish momentum signal suggest the pair to extend it losses towards the support level 1.2730.

 

Resistance level: 1.2870, 1.3020

Support level: 1.2730, 1.2570