GCMAsia - GBPUSD

GBPUSD
2018-12-10
Resistance and Support | Level | Explanation |
Resistance | 1.2780 | H4 |
Support | 1.2700 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level 1.2700. MACD which illustrate bullish momentum with the formation of golden cross suggest the pair to extend its rebound towards the resistance level 1.2780.
Resistance level: 1.2780, 1.2840
Support level: 1.2700, 1.2585