GCMAsia - GBPUSD
GBPUSD
2018-11-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2885 | H4 |
| Support | 1.2765 | H4 |
GBPUSD, H4: GBPUSD was traded lower in sideway channel following prior retracement from the resistance level at 1.2885. Due to lack of clear signal from MACD, it is suggested to wait until further signal appear such as a breakout below or rebound from the support level.
Resistance level: 1.2885, 1.2935
Support level: 1.2765, 1.2700