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GCMAsia - GBPUSD
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