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261218 GBPUSD

by | Dec 26, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-26
Resistance and Support Level Explanation
Resistance 1.2700 H1
Support 1.2660 H1

GBPUSD, H1: GBPUSD was traded higher following prior breakout above previous resistance level 1.2700. MACD which display bullish momentum and the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.2740.

 

Resistance level: 1.2700, 1.2740

Support level: 1.2660, 1.2610