GCMAsia - GBPUSD

GBPUSD
2019-11-13

GBPUSD, H4: GBPUSD remain traded in a sideway channel while traded flat near the support level 1.2795. However, MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower in short term towards the support level 1.2795.
Resistance level: 1.2970, 1.3095
Support level: 1.2795, 1.2690