GCMAsia-GBPUSD

GBPUSD
2020-04-17

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level at 1.2455. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2620, 1.2765
Support level: 1.2455, 1.2205