GCMAsia - GBPUSD
GBPUSD
2018-10-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3125 | H4 |
| Support | 1.3055 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout from the previous support level at 1.3125. MACD which illustrate bearish momentum and formation of death cross suggest the pair to be traded lower in short term toward its support level at 1.3055.
Resistance level: 1.3125, 1.3180
Support level: 1.3055, 1.3035