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221119 GBPUSD

by | Nov 22, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-11-22

GBPUSD, H4: GBPUSD remain traded in a sideway channel following recent retracement from the resistance level 1.2970. However, MACD which illustrate ongoing bearish momentum signal suggest the pair to extend its losses towards the support level 1.2795.

 

Resistance level: 1.2970, 1.3095

Support level: 1.2795, 1.2690