GCMAsia - GBPUSD

GBPUSD
2018-12-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.2660 | H4 |
| Support | 1.2610 | H4 |

GBPUSD, H4: GBPUSD remained trade in an ascending channel while currently testing the resistance level 1.2660. MACD which display diminishing bearish signal suggest the pair to extend its gains after successfully closing its candle above the resistance level.
Resistance level: 1.2660, 1.2700
Support level: 1.2610, 1.2555