GCMAsia - GBPUSD

GBPUSD
2018-09-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.3290 | H1 |
| Support | 1.3205 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level 1.3290. MACD which illustrate bearish momentum and the formation of death cross suggest this pair to extend its retracement towards the support level 1.3205.
Resistance level 1.3290, 1.3350
Support level: 1.3205, 1.3090