GCMAsia - GBPUSD

GBPUSD
2020-04-16

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2470. However, MACD which illustrate bearish bias momentum suggest the pair to undergo short term technical correction toward the lower level.
Resistance level: 1.2605, 1.2750
Support level: 1.2475, 1.2340