GCMAsia - GBPUSD

GBPUSD
2019-05-28

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.2690. MACD, which illustrate bearish bias signal with the starting formation of death cross suggest the pair to extend its losses towards the support level 1.2615.
Resistance level: 1.2690, 1.2745
Support level: 1.2615, 1.2550