GBPUSD, H4: GBPUSD jumped higher to the level above the both MA lines, currently hovering below the resistance level of 1.2500. Referring to the both movement lines showed in the MACD indicator which pointing upward now, in addition with the momentum seen above 0, GBPUSD suggested to move further higher in short term after the price close above the resistance level of 1.2500.
Resistance level: 1.2500, 1.2610
Support level: 1.2420, 1.2360