GCMAsia - GBPUSD

GBPUSD
2018-08-21
Resistance and Support | Level | Explanation |
Resistance | 1.2855 | H1 |
Support | 1.2810 | H1 |
GBPUSD, H1: GBPUSD was traded higher following recent breakout below the support level 1.2810. Recent price action and MACD which illustrate persistent bearish momentum suggest the pair to extend its gains towards the resistance level 1.2855.
Resistance level: 1.2855, 1.2905
Support level: 1.2810, 1.2735