GCMAsia - GBPUSD
GBPUSD
2018-09-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.3070 | H1 |
| Support | 1.3020 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level 1.3070. Recent price action and MACD which illustrate a bearish signal and the formation of a death cross suggest the pair to extend its retracement towards the support level 1.3020.
Resistance level: 1.3070, 1.3095
Support level: 1.3020, 1.2970