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GCMAsia - GBPUSD
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