GCMAsia - GBPUSD

GBPUSD
2019-01-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2800 | H1 |
| Support | 1.2755 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level near 1.2800. MACD which begins to form a death cross signal suggests the pair to be traded lower in short-term, towards 1.2755.
Resistance level: 1.2800, 1.2860
Support level: 1.2755, 1.2630