GCMAsia - GBPUSD

GBPUSD
2019-07-24

GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2425. However, MACD which illustrate diminishing bearish momentum suggest the pair to undergo short-term technical correction and rebound towards the resistance level 1.2490.
Resistance level: 1.2490, 1.2555
Support level: 1.2425, 1.2365