GCMAsia - GBPUSD
GBPUSD
2018-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.2835 | H1 |
| Support | 1.2740 | H1 |
GBPUSD. H1: GBPUSD was traded lower following prior breakout below the previous support level 1.2835. Although MACD which illustrate ongoing bearish momentum, however recent price action and fundamental side which mostly subjected to bearish momentum suggest the pair to extend its losses towards the support level 1.2740.
Resistance level: 1.2835, 1.2905
Support level: 1.2740, 1.2665