GCMAsia - GBPUSD

GBPUSD
2018-09-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3175 | H1 |
| Support | 1.3100 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level 1.3175. Recent price action and MACD which display persistent bearish momentum suggest the pair to extend its losses towards the support level 1.3100.
Resistance level: 1.3175, 1.3215
Support level: 1.3100, 1.3055