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210521 GBPUSD-Noon

by | May 21, 2021 | GBP/USD | 0 comments

GCMAsia-GBPUSD
GBPUSD
GBPUSD
2021-05-21

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level 1.4150. MACD which illustrate diminishing bearish momentum signal with the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.4235.

 

Resistance level: 1.4235, 1.4380

Support level: 1.4150, 1.4020