83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-07-24

GBPUSD, H4: GBPUSD was traded flat following recent rebound from its low levels. However, MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to be traded lower in short term towards the support level 1.2660.

 

Resistance level: 1.2810, 1.3005

Support level: 1.2660, 1.2510