GCMAsia - GBPUSD

GBPUSD
2019-01-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2960 | H4 |
| Support | 1.2910 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level of 1.2960. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.2960, 1.3030
Support level: 1.2910, 1.2860