GCMAsia - GBPUSD
GBPUSD
2019-01-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.2740 | H4 |
| Support | 1.2700 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout below previous support level at 1.2740. MACD which display diminishing bullish momentum suggest the pair to extend its losses towards the support level 1.2700.
Resistance level: 1.2740, 1.2780
Support level: 1.2700, 1.2660