GCMAsia - 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