GCMAsia - GBPUSD
GBPUSD
2018-11-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.2805 | H4 |
| Support | 1.2690 | H4 |
GBPUSD, H4: GBPUSD remains traded within a descending channel while recently retraced from 1.2805. MACD which begins to form a bearish signal suggests the pair to extend its losses in short-term, towards the direction of 1.2690.
Resistance level: 1.2805, 1.2895
Support level: 1.2690, 1.2570