GCMAsia - GBPUSD

GBPUSD
2017-08-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.2960 | H4 |
| Support | 1.2890 | H4 |

GBPUSD, H4: GBPUSD was traded higher following a rebound from the support level of 1.2890. MACD indicator which illustrate increasing upward momentum suggests GBPUSD to advance further up, towards the resistance level of 1.2960.
Resistance level: 1.2960, 1.3020
Support level: 1.2890, 1.2830