GCMAsia - GBPUSD

GBPUSD
2018-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3010 | H1 |
| Support | 1.2940 | H1 |

GBPUSD, H1: GBPUSD was recently traded higher while currently testing the bearish trend line. MACD which illustrate a bullish momentum and the starting formation of a golden cross suggest the pair to extend its gains after a breakout above the trend line or the resistance level 1.3010.
Resistance level: 1.3010, 1.3075
Support level: 1.2940, 1.2820