GCMAsia - GBPUSD

GBPUSD
2018-12-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2715 | H4 |
| Support | 1.2615 | H4 |

GBPUSD, H4: GBPUSD was traded lower in a sideway channel following prior retracement from the resistance level at 1.2715. MACD which display diminishing bullish signal suggest the pair to extend its losses toward the support level at 1.2615.
Resistance level: 1.2715, 1.2785
Support level: 1.2615, 1.2550