GCMAsia - GBPUSD
GBPUSD
2019-01-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.2770 | H4 |
| Support | 1.2700 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2770. MACD which illustrate diminishing bullish momentum suggest the pair to be traded lower towards the support level 1.2700.
Resistance level: 1.2770, 1.2840
Support level: 1.2700, 1.2610