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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-03
Resistance and Support Level Explanation
Resistance 1.2785 H4
Support 1.2725 H4

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level at 1.2725. MACD which illustrate diminishing bullish momentum and the formation of golden cross suggest the pair to extend its gain toward the resistance level at 1.2785.

Resistance level: 1.2785, 1.2835

Support level: 1.2725, 1.2670