GCMAsia - GBPUSD

GBPUSD
2018-12-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2675 | H4 |
| Support | 1.2610 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.2675. MACD which illustrate diminishing bullish momentum suggest the pair to extend its losses after closing below the support level at 1.2610.
Resistance level: 1.2675, 1.2730
Support level: 1.2610, 1.2535