GCMAsia - GBPUSD
GBPUSD
2019-07-12
GBPUSD, H1: GBPUSD was traded higher following prior rebound from the 50 moving average line (Blue). MACD which display bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.2555.
Resistance level: 1.2555, 1.2610
Support level: 1.2500, 1.2435