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.

120522 GBPUSD-Noon

by | May 12, 2022 | GBP/USD | 0 comments

GBPUSD, H4: GBPUSD was traded lower while currently near the support level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses after breakout.

 

Resistance level: 1.2430, 1.2625

Support level: 1.2245, 1.2010