GCMAsia - GBPUSD
GBPUSD
2018-11-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2950 | H1 |
| Support | 1.2930 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement near the resistance level 1.2950. MACD which show diminished bearish momentum suggest the pair to experience a short-term technical correction towards the resistance level 1.2950.
Resistance level: 1.2950, 1.2995
Support level: 1.2930, 1.2890