83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-09-15
Resistance and Support Level Explanation
Resistance 1.3410 Daily
Support 1.3085 Daily

GBPUSD, Daily: GBPUSD was traded higher prior breaking above resistance level at 1.3085. The pair is currently testing the resistance level at 1.3410. Upward slope of MACD signal line suggests GBPUSD to trade higher if the breakout of the said resistance level is successful.

Resistance level: 1.3410, 1.3735

Support level: 1.3085, 1.2685