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GCMAsia -GBPUSD
GBPUSD
GBPUSD
2017-11-08
Resistance and Support Level Explanation
Resistance 1.3220 H4
Support 1.3115 H4

GBPUSD, H4: GBPUSD was traded higher prior its rebound from support level at 1.3115. Formation of pin bar candlestick and hidden positive divergence as shown by MACD histogram suggest the pair to extend higher toward the resistance level at 1.3220.

Resistance level: 1.3220, 1.3315

Support level: 1.3115, 1.2985