GCMAsia - GBPUSD

GBPUSD
2018-09-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3180 | H4 |
| Support | 1.3145 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.3180. MACD which illustrate bearish momentum and the starting formation of a death cross suggest the pair to extend its losses after a breakout below the support level 1.3145.
Resistance level 1.3180, 1.3210
Support level: 1.3145, 1.3085