GCMAsia - GBPUSD
GBPUSD
2018-11-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.3170 | H4 |
| Support | 1.3080 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.3170. MACD which illustrate diminishing bullish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3080.
Resistance level: 1.3170, 1.3250
Support level: 1.3080, 1.3025