GCMAsia - GBPUSD

GBPUSD
2018-11-14
Resistance and Support | Level | Explanation |
Resistance | 1.3020 | H4 |
Support | 1.2840 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.3020. Although MACD which display bullish signal with formation of golden cross, a breakout is above the resistance level 1.3020 is required to attain further confirmation.
Resistance level: 1.3020, 1.3155
Support level: 1.2840, 1.2700