GCMAsia - GBPUSD

GBPUSD
2018-08-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.3005 | Daily |
| Support | 1.2785 | Daily |

GBPUSD, Daily: GBPUSD was traded lower while currently testing the support level 1.2785. MACD which display ongoing bearish momentum suggest the pair may extend its losses towards the next support level 1.2600.
Resistance level: 1.3005, 1.3230
Support level: 1.2785, 1.2600