GCMAsia - GBPUSD
GBPUSD
2018-12-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2780 | H4 |
| Support | 1.2740 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2780. MACD which illustrate diminishing bullish momentum suggest the pair to extend its retracement towards the support level 1.2740.
Resistance level: 1.2780, 1.2815
Support level: 1.2740, 1.1700