GCMAsia - GBPUSD
GBPUSD
2017-04-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2445 | H1 |
| Support | 1.2415 | H1 |
GBPUSD, H1: GBPUSD was traded higher following previous rebound and closure above the 20-moving average line (red). With regards to the MACD histogram which illustrates upward signal and momentum, a closure above the resistance level of 1.2445 would suggest GBPUSD to advance further upwards.
Resistance level: 1.2445, 1.2465
Support level: 1.2415, 1.2375