GCMAsia - GBPUSD

GBPUSD
2018-10-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2860 | H1 |
| Support | 1.2810 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the downward trendline. MACD which illustrate diminishing upward momentum suggests the pair to extend its losses after closing below 1.2810.
Resistance level: 1.2860, 1.2910
Support level: 1.2810, 1.2755