GCMAsia-GBPUSD

GBPUSD
2020-07-17

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2670. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2670, 1.2800
Support level: 1.2515, 1.2340