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GCMAsia - GBPUSD
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