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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-06-16
Resistance and Support Level Explanation
Resistance 1.2790 H4
Support 1.2730 H4

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the strong support level at 1.2730. MACD histogram continues to illustrate substantial upward signal suggests GBPUSD to extend its upward momentum after breaking the resistance level of 1.2790.

 

Resistance level: 1.2790, 1.2840

Support level: 1.2730, 1.2635