GCMAsia - GBPUSD

GBPUSD
2018-06-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.3155 | H1 |
| Support | 1.3100 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level of 1.3100. MACD histogram which shows diminished downward momentum may suggest the pair to be traded in a consolidation phase for short-term before extending its losses.
Resistance level: 1.3155, 1.3185
Support level: 1.3100, 1.3050