GCMAsia - GBPUSD

GBPUSD
2018-08-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.3010 | Daily |
| Support | 1.2980 | Daily |

GBPUSD, Daily: GBPUSD remain traded in a descending symmetrical triangle while currently testing the support level 1.2980. MACD which now indicating bearish signal suggest the pair may be traded lower if it breaks below the support level 1.2980.
Resistance level: 1.3010, 1.3425
Support level: 1.2980, 1.2790