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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-13
Resistance and Support Level Explanation
Resistance 1.2700 H1
Support 1.2500 H1

GBPUSD, H1: GBPUSD was traded lower following prior retracement near the previous high. MACD which begins to form a death cross signal suggests the pair to be traded lower after closing below 20-MA (red).

 

Resistance level: 1.2700, 1.2900

Support level: 1.2500, 1.2380