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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-10-23
Resistance and Support Level Explanation
Resistance 1.2980 H4
Support 1.2955 H4

GBPUSD, H4: GBPUSD extended its losses while currently testing near the support level of 1.2955. MACD which has formed a death cross formation suggests the pair to advance further down after closing below 1.2955.

 

Resistance level: 1.2980, 1.3015

Support level: 1.2955, 1.2910