GCMAsia - GBPUSD
GBPUSD
2019-01-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.2860 | H1 |
| Support | 1.2800 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from previous high. MACD which illustrate diminished upward momentum suggests the pair to extend its losses after closing below the 60-MA line (green).
Resistance level: 1.2860, 1.2910
Support level: 1.2800, 1.2755