GBPUSD

GBPUSD, H4: GBPUSD gained further following the previous price closure above the both MA lines. Currently it heading towards the next target of resistance level at 1.2610. Referring to the both movement lines showed in the MACD indicator which pointing upward additional with the momentum be seen above the level of 0, suggesting further upside for the pair.
Resistance level: 1.2610, 1.2700
Support level: 1.2500, 1.2420