GCMAsia - GBPUSD
GBPUSD
2018-11-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2800 | H4 |
| Support | 1.2740 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.2800. MACD which illustrate bearish momentum and the starting formation of death cross suggest the pair to extend its losses towards the support level 1.2740.
Resistance level: 1.2800, 1.2855
Support level: 1.2740, 1.2690