GCMAsia - GBPUSD

GBPUSD
2018-11-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2895 | H4 |
| Support | 1.2805 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the top level of descending channel. MACD which illustrate bearish signal suggests the pair to extend its losses after closing below the support of 1.2805.
Resistance level: 1.2895, 1.2955
Support level: 1.2805, 1.2690