GCMAsia - GBPUSD

GBPUSD
2018-11-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3080 | H4 |
| Support | 1.3015 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior breakout from the previous support level at 1.3080. MACD which illustrate bearish momentum and the formation of death cross suggest the pair to extend its losses toward the support level at 1.3015.
Resistance level: 1.3080, 1.3145
Support level: 1.3015. 1.2960