GCMAsia -GBPUSD

GBPUSD
2017-10-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3140 | H1 |
| Support | 1.3115 | H1 |

GBPUSD, H1: GBPUSD was traded higher prior rebound from support level at 1.3115. Formation of pin bar candlestick and upward slope of MACD histogram suggest the pair to undergo short-term technical correction to trade higher toward the resistance level at 1.3140.
Resistance level: 1.3140, 1.3170
Support level: 1.3115, 1.3060