GCMAsia - GBPUSD
GBPUSD
2020-06-30
GBPUSD, H4: GBPUSD was traded lower following recent breakout below the previous support level 1.2340. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to experience a short term technical correction towards the current resistance level 1.2340.
Resistance level: 1.2340, 1.2510
Support level: 1.2165, 1.1995