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290819 GBPUSD

by | Aug 29, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-08-29

GBPUSD, H4: GBPUSD was traded lower while currently testing the 50 moving average line (Blue). MACD which illustrate bearish bias momentum suggest the pair to extend its losses after successfully breakout below the 50 moving average line (Blue).

 

Resistance level: 1.2220, 1.2255

Support level: 1.2170, 1.2085