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GCMAsia - GBPUSD
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