GCMAsia - GBPUSD

GBPUSD
2020-06-18

GBPUSD, Daily: GBPUSD was traded lower while currently testing the upward trend line. MACD which illustrate bearish momentum with the formation of death cross suggest the pair to extend its losses after it successfully breakout below the upward trend line.
Resistance level: 1.2585, 1.2720
Support level: 1.2485, 1.2250