83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-09-23

GBPUSD, Daily: GBPUSD was traded lower following prior retracement from its resistance level at 1.2565. MACD which illustrated diminishing bullish momentum suggests its price to be traded lower toward the support level at 1.2335.

 

Resistance level: 1.2565, 1.2725

Support level: 1.2335, 1.2150