GCMAsia - GBPUSD
GBPUSD
2018-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2805 | H4 |
| Support | 1.2690 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retrace from the 20-MA line (red). MACD which has formed a death cross signal suggests the pair to extend its losses after closing below 1.2690.
Resistance level: 1.2805, 1.2895
Support level: 1.2690, 1.2495