GCMAsia - GBPUSD

GBPUSD
2019-01-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.2780 | H1 |
| Support | 1.2740 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level 1.2740. MACD which illustrate diminished bearish momentum suggest the pair to extend its rebound towards the resistance level 1.2780.
Resistance level: 1.2780, 1.2815
Support level: 1.2740, 1.2700