GCMAsia - GBPUSD

GBPUSD
2019-02-01
| Resistance and Support | Level | Explanation |
| Resistance | 1.3125 | H4 |
| Support | 1.3060 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior closure below 1.3125. MACD which illustrate bearish signal suggests the pair to advance further downwards after successfully breaking the target of 1.3060.
Resistance level: 1.3125, 1.3230
Support level: 1.3060, 1.2990