GCMAsia - GBPUSD

GBPUSD
2018-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | H1 |
| Support | 1.3140 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound while currently testing at the resistance level of 1.3260. MACD histogram which illustrate diminishing downward momentum suggests the pair to extend its gains after closing above 1.3260.
Resistance level: 1.3260, 1.3305
Support level: 1.3140, 1.3210