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250620 GBPUSD

by | Jun 25, 2020 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-06-25

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.2435. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2345.

 

Resistance level: 1.2435, 1.2525

Support level: 1.2345, 1.2230