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161020 GBPUSD

by | Oct 16, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-10-16

GBPUSD, H4: GBPUSD was traded lower following recent retracement from the resistance level 1.2990. MACD which illustrate bearish momentum signal suggest the pair to extend its retracement towards the support level 1.2825.

 

Resistance level: 1.2990, 1.3145

Support level: 1.2870, 1.2685