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GCMAsia - GBPUSD
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