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160819 GBPUSD-Noon

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

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-08-16

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.2100. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses towards the support level 1.1955.

 

Resistance level: 1.2100, 1.2245

Support level: 1.1955, 1.1775