GCMAsia-GBPUSD

GBPUSD
2020-08-27

GBPUSD, H1: GBPUSD was traded higher following prior breakout above the previous resistance level at 1.3155. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.3250, 1.3340
Support level: 1.3155, 1.3060