GCMAsia - GBPUSD

GBPUSD
2020-05-27

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the higher level. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2305.
Resistance level: 1.2370, 1.2435
Support level: 1.2305, 1.2215