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GCMAsia - GBPUSD
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