83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-05
Resistance and Support Level Explanation
Resistance 1.3235 H1
Support 1.3185 H1

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level at 1.3235. Recent price action may suggest the pair to be traded lower in short-term as technical correction. Otherwise, major trend is still subject to bullish trendline.

 

Resistance level: 1.3235, 1.3290

Support level: 1.3185, 1.3150