GCMAsia - GBPUSD

GBPUSD
2020-04-29

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2470. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its retracement towards the support level 1.2215.
Resistance level: 1.2470, 1.2645
Support level: 1.2215, 1.2000