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161019 GBPUSD-Noon

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

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-10-16

GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.2785. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a technical correction in short term towards the support level 1.2685.

 

Resistance level: 1.2785, 1.2860

Support level: 1.2685, 1.2515