GCMAsia - GBPUSD

GBPUSD
2018-11-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3015 | H4 |
| Support | 1.2955 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.3015. MACD which illustrate diminishing upward momentum may suggests the pair to be traded lower in short-term, towards the target at 1.2955.
Resistance level: 1.3015, 1.3100
Support level: 1.2955, 1.2895