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.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2019-03-28

GBPUSD, H4: GBPUSD remain traded in a sideway channel after it rebounds from its low level above the support level 1.3180. Due to lack of clear signal and momentum from MACD, a further confirmation is required such as breakout above the resistance level 1.3250 or close below the support level 1.3180 before entering the market.

 

Resistance level: 1.3250, 1.3350

Support level: 1.3180, 1.3095