GCMAsia - GBPUSD
GBPUSD
2017-08-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.2960 | H4 |
| Support | 1.2890 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level of 1.2960. MACD indicator which illustrate diminishing upward momentum suggests GBPUSD to extend its losses, towards the target of support level at 1.2890.
Resistance level: 1.2960, 1.3020
Support level: 1.2890, 1.2830