GCMAsia - GBPUSD
GBPUSD
2018-11-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.2840 | H4 |
| Support | 1.2700 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level 1.2840. Although MACD illustrate bullish momentum with the formation of golden cross, a breakout above the resistance level 1.2840 is required to attain further confirmation.
Resistance level: 1.2840, 1.3025
Support level: 1.2700, 1.2585