GCMAsia - GBPUSD
GBPUSD
2019-01-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.2890 | H4 |
| Support | 1.2800 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level 1.2800. MACD which illustrate diminishing bearish momentum suggest the pair to extend its rebound towards the resistance level 1.2890.
Resistance level: 1.2890, 1.2950
Support level: 1.2800, 1.2720