83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2020-11-09

GBPUSD, H4: GBPUSD was traded flat near the support level after recently breaks above the previous resistance level 1.3160. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be traded lower after it breaks back below the level 1.3160.

 

Resistance level: 1.3300, 1.3470

Support level: 1.3160, 1.3060