GCMAsia - GBPUSD

GBPUSD
2017-09-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.3485 | H1 |
| Support | 1.3440 | H1 |

GBPUSD, H1: GBPUSD was traded higher prior its rebound from support level at 1.3440. Formation of positive divergence as shown by MACD histogram suggests the pair to trade higher, testing resistance by 200-MA line around 1.3485.
Resistance level: 1.3485, 1.3585
Support level: 1.3440, 1.3315