GCMAsia -GBPUSD

GBPUSD
2017-11-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3245 | H4 |
| Support | 1.3030 | H4 |

GBPUSD, H4: GBPUSD was traded lower prior breaking support level at 1.3245. Arrangement of bearish candlesticks and increasing bearish momentum as shown by MACD histogram suggest the pair to extend losses toward the next support level at 1.3030.
Resistance level: 1.3245, 1.3320
Support level: 1.3030, 1.2960