GCMAsia - GBPUSD

GBPUSD
2018-11-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.2855 | H1 |
| Support | 1.2800 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level 1.2800. MACD which illustrate starting bullish momentum and the formation of golden cross suggest the pair to extend its rebound towards the resistance level 1.2855.
Resistance level: 1.2855, 1.2905
Support level: 1.2800, 1.2740