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200219 EURUSD

by | Feb 20, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-02-20

GBPUSD, H4: GBPUSD was traded higher following recent breakout above the previous resistance level 1.2960. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a short term technical correction towards the support level 1.2960.

 

Resistance level: 1.3080, 1.3205

Support level: 1.2960, 1.2845