GCMAsia - GBPUSD

GBPUSD
2018-10-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.3055 | H4 |
| Support | 1.2985 | H4 |

GBPUSD, H4: GBPUSD was traded higher following prior breakout from the downward trendline. MACD histogram which illustrate bullish signal suggests the pair to extend its gains, towards the direction of 1.3055.
Resistance level: 1.3055, 1.3100
Support level: 1.2985, 1.2910