GCMAsia - GBPUSD
GBPUSD
2018-11-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2870 | H4 |
| Support | 1.2765 | H4 |
GBPUSD, H4: GBPUSD was traded lower following retracement from the resistance level at 1.2870. MACD which illustrate diminished bullish momentum and the starting formation of death cross suggest the pair to extend its losses towards the support level 1.2765.
Resistance level: 1.2870, 1.2915
Support level: 1.2765, 1.2690