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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-27
Resistance and Support Level Explanation
Resistance 1.2700 H4
Support 1.2660 H4

GBPUSD, H4: GBPUSD remained trade in an ascending channel while currently testing near the lower level of the channel. MACD which illustrate bearish signal suggest the pair to extend its losses after closing below the channel.

 

Resistance level: 1.2700, 1.2740

Support level: 1.2660, 1.2610