GCMAsia - GBPUSD

GBPUSD
2018-10-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2910 | H1 |
| Support | 1.2805 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level at 1.2820. MACD which illustrate bullish momentum and formation of golden cross suggest the pair to be traded higher in short term toward the resistance level at 1.2910.
Resistance level: 1.2910, 1.2955
Support level: 1.2805, 1.2690