GCMAsia - GBPUSD

GBPUSD
2017-05-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.2965 | H4 |
| Support | 1.2860 | H4 |

GBPUSD, H4: GBPUSD was traded higher following recent rebound from the support level of 1.2860. Signal line from MACD histogram which begins to illustrate upward signal suggests GBPUSD to advance further up and retest near the resistance level of 1.2965.
Resistance level: 1.2965, 1.3085
Support level: 1.2860, 1.2770