GCMAsia -GBPUSD
GBPUSD
2017-10-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.3220 | H1 |
| Support | 1.3150 | H1 |
GBPUSD, H1: GBPUSD was traded higher prior its rebound from support level at 1.3150. Formation of pin bar and golden-cross by MACD signal line suggest the pair to trade higher. However, a break above resistance by 200-MA line is required for the pair to extend its gain toward the resistance level at 1.3220.
Resistance level: 1.3220, 1.3300
Support level: 1.3150, 1.3020