GCMAsia - GBPUSD

GBPUSD
2018-11-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.2800 | H4 |
| Support | 1.2740 | H4 |

GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level at 1.2800. Due to lack of signal from MACD, a breakout above or retracement from the resistance level is required for further confirmation before entering the market.
Resistance level: 1.2800, 1.2855
Support level: 1.2740, 1.2690