GCMAsia - GBPUSD

GBPUSD
2018-09-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2945 | H1 |
| Support | 1.2910 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior breakthrough above the previous resistance level 1.2910. Recent price movement and MACD which illustrate persistent bullish momentum suggest the pair to extend its gains after a breakout above the resistance level 1.2945.
Resistance level: 1.2945, 1.2975
Support level: 1.2910, 1.2870