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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-12-24
Resistance and Support Level Explanation
Resistance 1.2700 H4
Support 1.2660 H4

GBPUSD, H4: GBPUSD was traded higher inside a sideway channel following prior breakout from previous resistance level of 1.2660. MACD which display starting bullish signal suggest the pair to extend its gains towards the top level of the channel at 1.2700.

 

Resistance level: 1.2700, 1.2740

Support level: 1.2660, 1.2610