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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-10-02
Resistance and Support Level Explanation
Resistance 1.3055 H4
Support 1.2985 H4

GBPUSD, H4: GBPUSD remains traded within a descending wedge following prior rebound from the bottom level. MACD which begins to form a golden cross signal suggests the pair to extend its gains after closing above the level 1.3055.

 

Resistance level: 1.3055, 1.3100

Support level: 1.2985, 1.2910