GCMAsia - 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