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180520 GBPUSD-Noon

by | May 18, 2020 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2020-05-18

GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.1995. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a technical correction towards the resistance level 1.2225.

 

Resistance level: 1.2225, 1.2425

Support level: 1.1995, 1.1760