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
2020-06-10

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level at 1.2745. MACD which illustrate bearish bias momentum suggest the pair to undergo technical correction toward the support level at 1.2570.

 

Resistance level: 1.2745, 1.2915

Support level: 1.2570, 1.2410