GCMAsia - GBPUSD

GBPUSD
2018-11-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3015 | H4 |
| Support | 1.2955 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level of 1.3015. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses in short-term, towards the direction of 1.2955.
Resistance level: 1.3015, 1.3100
Support level: 1.2955, 1.2895