GCMAsia - GBPUSD

GBPUSD
2019-01-29
Resistance and Support | Level | Explanation |
Resistance | 1.3170 | H4 |
Support | 1.3085 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level 1.3170. MACD which illustrate bearish bias signal with the formation of death cross suggest the pair to extend its losses towards the support level 1.3085.
Resistance level: 1.3170, 3.3250
Support level: 1.3085, 1.3000