GCMAsia - GBPUSD

GBPUSD
2018-12-12
Resistance and Support | Level | Explanation |
Resistance | 1.2700 | Daily |
Support | 1.2500 | Daily |
GBPUSD, Daily: GBPUSD extended its losses after closing below the strong support of 1.2700. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below the target at 1.2500.
Resistance level: 1.2700, 1.2900
Support level: 1.2500, 1.2380