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.

270519 GBPUSD-Noon

by | May 27, 2019 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-05-27

GBPUSD, H4: GBPUSD was traded higher following prior breakout above the previous resistance level 1.2705. However, MACD which display diminishing bullish momentum suggest the pair to undergo a short-term technical correction towards the support level 1.2705.

 

Resistance level: 1.2795, 1.2865

Support level: 1.2705, 1.2615