GCMAsia - 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