GCMAsia - GBPUSD

GBPUSD
2018-10-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.2905 | H4 |
| Support | 1.2855 | H4 |

GBPUSD, H4: GBPUSD was traded higher while currently testing the resistance level 1.2905. MACD which illustrate diminishing bearish momentum suggest the pair to extend its gains after a breakout above the resistance level.
Resistance level: 1.2905, 1.2935
Support level: 1.2855, 1.2800