GCMAsia - GBPUSD

GBPUSD
2019-01-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2770 | H4 |
| Support | 1.2700 | H4 |

GBPUSD, H4: GBPUSD was traded higher following prior closure above 1.2700. MACD which continues to illustrate bullish bias signal suggests the pair to extend its gains and move towards the direction of 1.2770.
Resistance level: 1.2770, 1.2900
Support level: 1.2700, 1.2630