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200520 GBPUSD-Noon

by | May 20, 2020 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2020-05-20

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level 1.2265. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to extend to experience a technical correction in short term towards the support level 1.2080.

 

Resistance level: 1.2265, 1.2435

Support level: 1.2080, 1.1870