GCMAsia - GBPUSD
GBPUSD
2018-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3100 | H1 |
| Support | 1.3025 | H1 |
GBPUSD, H1: GBPUSD was recently traded lower following prior retracement from the psychological level 1.3100. MACD which illustrate bearish momentum and the starting formation of a death cross suggest the pair to extend its retracement towards the support level 1.3025.
Resistance level: 1.3100, 1.3130
Support level: 1.3025, 1.2980