GCMAsia - GBPUSD
GBPUSD
2018-10-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.3065 | H1 |
| Support | 1.2975 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from the 50.0 psychological level at 1.3040. MACD which illustrate a bearish momentum and the formation of a death cross suggest the pair to extend its losses towards the support level 1.2975.
Resistance level: 1.3065, 1.3180
Support level: 1.2975, 1.2905