GCMAsia - GBPUSD

GBPUSD
2019-08-22
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2165. MACD which display bearish momentum with the formation of death cross suggest the pair to extend its losses towards the support level 1.2085.
Resistance level: 1.2165, 1.2220
Support level: 1.2085, 1.1980