GCMAsia-GBPUSD

GBPUSD
2020-02-27

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2905. However, MACD which illustrated increasing bearish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2945, 1.2980
Support level: 1.2905, 1.2865