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
2020-09-23

GBPUSD, H4: GBPUSD was traded flat near the current resistance level 1.2785. However, MACD which illustrate signs of diminishing bearish momentum suggest the pair to be traded higher after it breaks back above the resistance level.

 

Resistance level: 1.2785, 1.3005

Support level: 1.2510, 1.2240