GCMAsia - GBPUSD

GBPUSD
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2935 | H4 |
| Support | 1.2865 | H4 |

GBPUSD, H4: GBPUSD was traded lower while currently testing near the support level at 1.2865. MACD which display diminishing bullish momentum suggest the pair to extend its losses after breaking the support level at 1.2865.
Resistance level: 1.2935, 1.3035
Support level: 1.2865, 1.2765