GCMAsia - GBPUSD

GBPUSD
2019-01-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.3230 | H4 |
| Support | 1.3125 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance of 1.3230. MACD which has formed a death cross signal suggests the pair to extend its losses after successfully closing below 1.3125.
Resistance level: 1.3230, 1.3315
Support level: 1.3125, 1.2990