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201218 GBPUSD-Noon

by | Dec 20, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-20
Resistance and Support Level Explanation
Resistance 1.2675 H4
Support 1.2620 H4

 

GBPUSD, H4: GBPUSD was traded lower while currently testing the support level at 1.2620. MACD which begins to form a death cross signal suggests the pair to extend its losses after successfully breakout below the support level at 1.2620.

Resistance level: 1.2675, 1.2730

Support level: 1.2620, 1.2535