GCMAsia - GBPUSD
GBPUSD
2018-10-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.2985 | H4 |
| Support | 1.2910 | H4 |
GBPUSD, H4: GBPUSD remains in a downtrend following prior retrace from the 20-MA line (red). MACD which formed death cross signal suggests the pair to extend its losses after breaking the target near 1.2910.
Resistance level: 1.2985, 1.3055
Support level: 1.2910, 1.2860