GCMAsia - GBPUSD

GBPUSD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2835 | H1 |
| Support | 1.2770 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the higher levels. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses in short-term as technical correction.
Resistance level: 1.2835, 1.2895
Support level: 1.2770, 1.2725