GCMAsia - GBPUSD

GBPUSD
2018-11-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2760 | H4 |
| Support | 1.2700 | H4 |

GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.2760. MACD which illustrate diminished bearish momentum suggest the pair to extend its gains after a breakout above the resistance level.
Resistance level: 1.2760, 1.2800
Support level: 1.2700, 1.2640