GCMAsia - 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