GCMAsia - GBPUSD

GBPUSD
2018-06-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.3100 | H1 |
| Support | 1.3050 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level at 1.3050. MACD histogram which illustrate upside signal suggests the pair to extend its gains in short-term as technical correction in the event of a closure above the 20-MA line (red).
Resistance level: 1.3100, 1.3155
Support level: 1.3050, 1.3010