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160419 GBPUSD

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

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-04-16

GBPUSD, H4: GBPUSD remain traded in a sideway channel following prior rebound from the MA line 50 (red). Due to lack of clear signal from MACD, it is suggested to wait until further signal appear such as breakout above the nearest resistance level or below the nearest support level before entering the market.

 

Resistance level: 1.3115, 1.3185

Support level: 1.3020, 1.2960