83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

170619 GBPUSD

by | Jul 16, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-07-16

GBPUSD, H4: GBPUSD was traded lower following prior breakout below previous support level 1.2555. MACD which display bearish momentum with the formation of death cross suggest the pair to extend its losses towards the support level 1.2490.

 

Resistance level: 1.2555, 1.2610
Support level: 1.2490, 1.2425