GCMAsia-GBPUSD

GBPUSD
2020-05-29

GBPUSD, H1: GBPUSD was traded higher while currently testing the resistance level at 1.2340. However, MACD which illustrated diminishing bullish momentum suggest the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2340, 1.2425
Support level: 1.2255, 1.2160