GCMAsia - GBPUSD
GBPUSD
2018-09-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2945 | H1 |
| Support | 1.2910 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level 1.2945. Recent price action and MACD which illustrate a bearish signal suggest the pair to extent its losses after a breakthrough from the support level 1.2910.
Resistance level: 1.2945, 1.2975
Support level: 1.2910, 1.2870