GCMAsia- GBPUSD

GBPUSD
2019-10-23

GBPUSD, H1: GBPUSD was traded lower after it successfully breakout below the previous support level 1.2920. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.
Resistance level: 1.2920, 1.3005
Support level: 1.2830, 1.2755