GCMAsia - GBPUSD

GBPUSD
2019-05-31

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level 1.2610. However, MACD which illustrate diminishing bearish momentum suggest the pair to be traded higher as a short term technical correction towards the resistance level 1.2690.
Resistance level: 1.2690, 1.2745
Support level: 1.2610, 1.2550