GCMAsia - GBPUSD
GBPUSD
2018-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.2720 | H1 |
| Support | 1.2650 | H1 |
GBPUSD, H1: GBPUSD was traded lower following recent breakout below the support level 1.2720. Recent price action and MACD which illustrate clear bearish signal suggest the pair may extend its losses towards the support level 1.2650.
Resistance level: 1.2720, 1.2780
Support level: 1.2650, 1.2585