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
2019-04-30

GBPUSD, H4: GBPUSD was traded higher while currently testing at the downward trendline. MACD which illustrate diminished upward momentum suggests the pair to be traded lower following a successful retracement from the trendline.

 

Resistance level: 1.3000, 1.3120

Support level: 1.2900, 1.2805