GCMAsia - GBPUSD

GBPUSD
2018-12-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2725 | H1 |
| Support | 1.2690 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the upper levels. MACD which has formed a bearish signal suggest the pair to extend its losses, towards the direction of 1.2690.
Resistance level: 1.2725, 1.2770
Support level: 1.2690, 1.2640