GCMAsia - GBPUSD

GBPUSD
2018-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3100 | H1 |
| Support | 1.3055 | H1 |

GBPUSD, H1: GBPUSD remains traded within a narrowing triangle while currently testing at the top level. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout to occur before entering the market.
Resistance level: 1.3100, 1.3145
Support level: 1.3055, 1.2985