GCMAsia - GBPUSD

GBPUSD
2019-01-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2785 | H1 |
| Support | 1.2700 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level near the support level at 1.2700. MACD which illustrate starting of bullish momentum and the formation of golden cross suggest the pair to extend its gain toward the resistance level at 1.2785.
Resistance level: 1.2785, 1.2855
Support level: 1.2700, 1.2600