GCMAsia - GBPUSD

GBPUSD
2019-07-29

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.2375. However, MACD which illustrate diminishing bearish momentum suggest the pair to experience a technical correction in short term towards the resistance level 1.2440.
Resistance level: 1.2440, 1.2510
Support level: 1.2375, 1.2295