GCMAsia - GBPUSD
GBPUSD
2018-12-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | H4 |
| Support | 1.2500 | H4 |
GPBUSD, H4: GPBUSD was traded lower following prior retracement from the 20-MA line (red). MACD which begins to form a death cross signal suggests the pair to extend its losses, towards the direction of 1.2500.
Resistance level: 1.2700, 1.2900
Support level: 1.2500, 1.2380