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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-11-27
Resistance and Support Level Explanation
Resistance 1.2895 H1
Support 1.2805 H1

GBPUSD, H1: GBPUSD remains traded within a descending triangle while currently testing at the bottom level. MACD which illustrate diminishing downward momentum suggests the pair to be traded higher in short-term as technical correction.

 

Resistance level: 1.2895, 1.2955

Support level: 1.2805, 1.2770