GCMAsia - GBPUSD
GBPUSD
2017-04-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2845 | H4 |
| Support | 1.2775 | H4 |
GBPUSD, H4: GBPUSD remains traded within the trading range while currently testing near the resistance level of 1.2845. With regards to the downward signal from MACD histogram which continues to narrow sideways, GBPUSD may extend its upward momentum after a successful closure above the strong resistance level of 1.2845.
Resistance level: 1.2845, 1.2905
Support level: 1.2775, 1.2700