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.

250719 GBPUSD

by | Jul 25, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-07-25

GBPUSD, H4: GBPUSD was traded lower following prior retrace from 1.2500. MACD which illustrate diminished upward momentum suggests the pair to be traded lower in short-term after closing below the 20-MA line (red).

 

Resistance level: 1.2500, 1.2535

Support level: 1.2450, 1.2400