GCMAsia - GBPUSD
GBPUSD
2019-01-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.2770 | H4 |
| Support | 1.2700 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance of 1.2770. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2770, 1.2900
Support level: 1.2700, 1.2630