GCMAsia - GBPUSD
GBPUSD
2018-12-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2695 | H4 |
| Support | 1.2610 | H4 |
GBPUSD, H4: GBPUSD remains traded in a sideway channel following prior retracement from the resistance level 1.2695. MACD which illustrate bearish momentum with the formation of death cross suggest the pair to be traded lower towards the support level 1.2610.
Resistance level: 1.2695, 1.2770
Support level: 1.2610, 1.2550