GCMAsia - 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