GCMAsia - GBPUSD

GBPUSD
2020-03-18

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level 1.1955. MACD which illustrate diminished bearish momentum with the starting formation of golden cross suggests the pair to extend its rebound towards the resistance level 1.2420.
Resistance level: 1.2420, 1.2745
Support level: 1.1955, 1.1565