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GCMAsia - GBPUSD
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