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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-12
Resistance and Support Level Explanation
Resistance 1.2700 Daily
Support 1.2500 Daily

GBPUSD, Daily: GBPUSD extended its losses after closing below the strong support of 1.2700. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below the target at 1.2500.

 

Resistance level: 1.2700, 1.2900

Support level: 1.2500, 1.2380