GCMAsia - GBPUSD

GBPUSD
2019-09-19

GBPUSD, Daily: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.2420. However, MACD which illustrate diminishing bullish signal suggests the pair to be traded lower as a short term technical correction toward the support at 1.2420.
Resistance level: 1.2565, 1.2725
Support level: 1.2420, 1.2285