GCMAsia - GBPUSD

GBPUSD
2018-12-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.2610 | H1 |
| Support | 1.2535 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level at 1.2535. MACD which illustrate bullish bias momentum and formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.2610.
Resistance level: 1.2610, 1.2675
Support level: 1.2535, 1.2485