GCMAsia - GBPUSD
GBPUSD
2019-01-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.2720 | H4 |
| Support | 1.2620 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior breakout above previous resistance level at 1.2620. MACD which illustrate starting bullish momentum with the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.2720.
Resistance level: 1.2720, 1.2785
Support level: 1.2620, 1.2550