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160419 GBPUSD-Noon

by | Apr 16, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-04-16

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.3105. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3065.

 

Resistance level: 1.3105, 1.3140

Support level: 1.3065, 1.3020