GCMAsia - GBPUSD

GBPUSD
2019-08-13

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level 1.2000. MACD which illustrate bullish momentum with the formation of ‘positive divergence’ suggest the pair to extend its gains towards the resistance level 1.2125.
Resistance level: 1.2125, 1.2220
Support level: 1.2000, 1.1880