GCMAsia - 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