GCMAsia - GBPUSD
GBPUSD
2018-10-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.3055 | H4 |
| Support | 1.2895 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout from the upward trendline. MACD which continues to illustrate bearish signal suggests the pair to extend its bearish momentum, towards the target at 1.2985.
Resistance level: 1.3055, 1.3100
Support level: 1.2895, 1.2910