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
2017-09-28
Resistance and Support Level Explanation
Resistance 1.3470 H4
Support 1.3375 H4

GBPUSD, H4: GBPUSD was traded within descending triangle and is currently testing the support level at 1.3375. Successful breakout below the said support level would suggest further downside bias for the pair, heading toward the next support level at 1.3255.

Resistance level: 1.3470, 1.3645

Support level: 1.3375, 1.3255