GCMAsia - GBPUSD

GBPUSD
2018-11-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2895 | H4 |
| Support | 1.2805 | H4 |

GBPUSD, H4: GBPUSD remains traded within a descending channel while currently testing at the top level. MACD which illustrate the formation of golden cross suggests the pair to extend its gains after breaking the top level of the channel.
Resistance level: 1.2895, 1.2955
Support level: 1.2805, 1.2690