GCMAsia - GBPUSD
GBPUSD
2018-12-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | H4 |
| Support | 1.2575 | H4 |
GBPUSD, H4: GBPUSD remains traded within a narrowing triangle following prior rebound from the bottom level. Due to the lack of signal from MACD and price action, it is suggested to wait for a breakout before entering the market.
Resistance level: 1.2700, 1.2770
Support level: 1.2575, 1.2500