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270919 GBPUSD

by | Sep 27, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-09-27

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.2385. However, MACD which display diminishing bearish momentum suggest the pair to be traded higher as a short term technical correction towards the current resistance level 1.2385.

 

Resistance level: 1.2385, 1.2495

Support level: 1.2260, 1.2165