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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-10-09
Resistance and Support Level Explanation
Resistance 1.3100 H1
Support 1.3055 H1

GBPUSD, H1: GBPUSD remains traded within a narrowing triangle while currently testing at the top level. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout to occur before entering the market.

 

Resistance level: 1.3100, 1.3145

Support level: 1.3055, 1.2985