GCMAsia - GBPUSD
GBPUSD
2018-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3040 | H1 |
| Support | 1.2980 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level 1.3040. MACD which display bearish momentum and the formation of death cross suggest the pair to extend its losses towards the support level 1.2980.
Resistance level: 1.3040, 1.3100
Support level: 1.2980, 1.2905