GCMAsia-GBPUSD

GBPUSD
2020-04-23

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2385. However, MACD which illustrated increasing bullish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2385, 1.2620
Support level: 1.2230, 1.2045