GCMAsia - GBPUSD
GBPUSD
2018-12-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | H4 |
| Support | 1.2500 | H4 |
GPBUSD, H4: GBPUSD was traded lower following prior retrace from the downward trendline. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term, towards 1.2500.
Resistance level: 1.2700, 1.2900
Support level: 1.2500, 1.2380