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
2019-12-24

GBPUSD, H1: GBPUSD was traded flat near the 20 moving average line (Red). MACD which illustrate bullish momentum suggest the pair to be traded higher after it successfully breakout above the 20 moving average line (Red).

 

Resistance level: 1.2965, 1.3035

Support level: 1.2895, 1.2820