GCMAsia - GBPUSD

GBPUSD
2018-12-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.2660 | H4 |
| Support | 1.2605 | H4 |

GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level 1.2605. MACD which display diminishing bullish momentum suggest the pair to extend its losses after a breakout below the support level.
Resistance level: 1.2660, 1.2700
Support level: 1.2605, 1.2535