GCMAsia - GBPUSD
GBPUSD
2018-08-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3045 | H4 |
| Support | 1.2965 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout from the support level 1.3045. Price action and MACD which display ongoing bearish momentum suggest the pair may extend its losses towards the next support level 1.2965.
Resistance level: 1.3045, 1.3120
Support level: 1.2965, 1.2860