GCMAsia - GBPUSD

GBPUSD
2018-12-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2730 | H4 |
| Support | 1.2670 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior breakout from the support level at 1.2730. MACD histogram which begins to form a death cross signal suggests the pair to extend its losses, towards the direction of 1.2670.
Resistance level: 1.2730, 1.2785
Support level: 1.2670, 1.2620