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.

 

 

GBPUSD

GBPUSD, H4: GBPUSD gained further following the previous price closure above the both MA lines. Currently it heading towards the next target of resistance level at 1.2610. Referring to the both movement lines showed in the MACD indicator which pointing upward additional with the momentum be seen above the level of 0, suggesting further upside for the pair.

 

Resistance level: 1.2610, 1.2700

Support level: 1.2500, 1.2420