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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-08-07
Resistance and Support Level Explanation
Resistance 1.2975 H1
Support 1.2920 H1

GBPUSD, H1: GBPUSD was traded higher following recent rebound from the support level 1.2920. Although MACD which display bullish signal with the golden cross formation, a breakout above the trend line is required to attain further confirmation.

 

Resistance level: 1.2975, 1.3025

Support level: 1.2920, 1.2865